The still unresolved trade tensions between the US and China, slowing global growth and central bank easing continue to drive emerging market (EM) currencies. In its latest update of the asset class, CIO is looking what's in store for Russia, Brazil and South Africa...
It seems that nothing is much of a surprise according to market participants’ view which are betting on a third Fed rate cut tomorrow, in line with last week soft ECB meeting amid Mario Draghi’s departure...
Compared to their global peers, APAC investors are just slightly less optimistic but confidence is holding up. About 73% of them indicate that they are confident about their personal financial situation over the next 12 months, versus 75% of all investors in the survey...
The global average cost of generating electricity from offshore wind energy is on track to fall 40% by 2030, making the energy source competitive with fossil fuels, according to a report by the International Energy Agency (IEA). Investment in offshore energy, which currently only accounts for 0...
Mario Draghi gave his last press conference as president of European Central Bank (ECB) warning that Eurozone economic momentum was slowing...
A lot of investing in China this year has depended on trade negotiations with the US, and recent trade talks between the two countries were constructive...
The impressive depreciation of the South African rand observed in the past three months following the July monetary policy meeting amid Moody’s credit downgrade risk due to a growing fiscal deficit risk and trade war fears that triggered a consequent CNY decline, have made the ZAR one of the wors...
For the first time, UK members of Parliament have delivered a majority in favor of a deal to leave the European Union. MPs voted by a majority of 329 to 299 to support Boris Johnson's Brexit deal at its second reading, which paves the way for the UK to complete its departure...
Tomorrow's ECB meeting will probably remain largely ceremonial, as the Governor of the European Central Bank, Mario Draghi, is expected to deliver his last monetary policy meeting after an eight-year term while German Isabel Schnabel is expected to get nominated within ECB board in replacement to...
Brexit Benn Act extension trigger, the follow-up on earnings season and caution over US President Donald Trump expectations of a mid-November phase one trade deal should maintain JPY in upheaval despite disappointing trade data and Typhoon Hagibis damages in October...
British Prime Minister Boris Johnson said: "We have a great new deal that takes back control." The announcement pushed the pound as high as 1.2990 against the US dollar, and EURGBP fell as low as 0.8575. But at the time of writing the pound had given back part of these gains to trade 0...
Aussie traders should be delighted considering the recent downtick in September unemployment rate that allows the currency to rebound from weekly lows, although the consequences of the trade dispute and the continued slowdown in real estate construction should keep the gauge at current level by y...
The year-on-year change in bottom-up consensus earnings per share (EPS) estimates currently stands at -4.1% for the quarter...
GBP optimism appears to turn as traders finally consider that a Brexit “technical extension” is the most likely scenario to be favored by negotiating participants as details of the arrangement would require two additional months...
Asian stock markets are celebrating the latest headlines that the first phase of a potential trade deal agreement is planned to be signed by mid-November 2019. Yet the trend does not support EU equities as the US is expected to announce tariffs of $7...
US September core CPI was lower than expected at 0.1% vs. 0.2% expected. This unexpected read challenges the view that core inflations are rising. This increases our confidence that the 30th October rate cut will move forward...
Sources close to the British PM Boris Johnson have accused German chancellor Angela Merkel of making a Brexit deal "essentially impossible", which prompted an angry reply from the EU Council President Donald Tusk who said that now was not the time to engage in "stupid blame games...
Considering the developing risks, markets are handling the news flow relatively well. Asia equity markets were mixed and European stocks are higher. UK-EU negotiation has devolved into a deadlock (agreements seem unlikely by 31st Oct...
