Trade Tensions

Less than 24 hours hours after the People’s Bank of China hinted it may change the components of its USD/CNY basket, global currency and bond markets were shaken by Bloomberg reports that it is considering scaling down its purchases of US treasury bonds. This was in light of surging trade tensions with US. Less than 12 hours later, Canadian offi...

2018-01-17 Ashraf Laidi Read more
forex weekly forecast_China_economic

After the shocking decision by the ECB yesterday, which decided to keep the rates stable, but unexpectedly decided to start tapering the QE from April to December, deducting 10B Euros from the current QE, the markets has stabilized and still digesting the ECB decision. During the Asian session, another important set of economic figures came out...

2016-12-09 Nour Eldeen Al-Hammoury Read more