Economic Updates

Economic Updates

Tied In A Gridlock, Eyes Are Now On The FOMC Meeting!

The results of the US Mid-term election have been released and the Democrats took control of the House of Representatives, securing Washington in a legislative deadlock as widely expected. The talks of “impeachment” of the President will likely be making headlines as the Democrats are now empowered by investigative and procedural powe...

November 8, 2018
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European Round-Up: 5th November

Key Economic News Releases Today: GBP Markit/CIPS UK Services PMI (October) lower at 52.2 vs. 53.3 forecast GBP Markit/CIPS UK Composite PMI (October) lower at 52.1 vs. 53.4 forecast USD ISM Non-Manufacturing/Services Composite (October) higher at 60.3 vs. 59.1 forecast To keep up to date with the upcoming economic events click here...

November 5, 2018
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Non-Farms: US Jobs Numbers Are In

US Jobs Numbers Are In The Bureau of Labor Statistics have released the latest jobs report for September. Let’s take a look at the latest numbers. The total non-farm payroll employment increased by 250,000 the U.S. Bureau of Labor Statistics reported today versus the forecast of 193,000. Most significant job gains were in health care, in manufa...

November 2, 2018
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US Mid-Term Election Be Prepared!

Why should you care? There are two main consequences of the US mid-term election: Cripple Trump’s Administration                    OR                          Cripple Trump’s political opponents “The Republicans”                                                    ...

November 2, 2018
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Monthly Updates

Stock Markets: Wall Street Bleeds This Year’s Gains October took the equities markets on a rollercoaster ride. Investors’ sentiment is vulnerable as a series of bearish facts engulfed the markets. Various headwinds are hitting the stock markets and reviving fears creating some panic-selling. The presumption that a correction is due soon is ...

October 31, 2018
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Chile’s Boom And Bust

These days when you pick up a local newspaper, you'll generally only find that most information is somewhat limited to what is happening either in your own country or perhaps even the US. The main reason for this is primarily due to the nature of the industry; the media will typically only print which is most likely to sell. That is just good busin...

October 4, 2018
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Final Quarter of 2018

STOCK MARKETS Investors have been entertaining the idea that the equity markets will outperform in 2018. After a stellar year in 2017 without any major pullbacks that often accompany rallies, bulls were confident on the global economic growth and robust corporate profits. The dynamics have since changed as protectionism measures, and a hawkish F...

October 2, 2018
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Sweden – First Cashless Society?

When it comes to talking about countries becoming cashless, Sweden appears to be at the forefront of people's minds as the leading contender to achieve this economic transition. Historically, the Swedes have a habit of steering social trends before other countries catch on so no great surprise there. However, it is not only Sweden who received n...

September 7, 2018
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Sweden Election

The Sweden election is set to take place this weekend. Every general election in Europe is revolved about this new dynamic - the rise of anti-EU parties. Euroscepticism and anti-immigration policies are at the heart of the September 9th, General Election. The impact of the outcome of the election on the markets will depend on the coalitions: ...

September 7, 2018
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World Trade – Winners and Losers

We hear a lot these days about countries having ''trade wars'' between each other, most recently the United States vs China ''trade war'' which was initiated by President Trump and is still ongoing. The United States has a huge trade deficit with China, world’s second largest economy and it will be interesting to see who if anyone will come out o...

August 24, 2018
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World’s Largest Economies

World's Largest Economies When it comes to the top national economies around the globe, the United States is well ahead of all countries - having the  largest economy by Gross Domestic Product (GDP). The United States generates nearly a quarter of the world’s GDP at $18.6 trillion, that’s around $7 trillion more than China ($11.1 trillion)...

January 18, 2018
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Neom – The Future of Saudi Arabia

Neom - The Future of Saudi Arabia   Back in October the Saudi Prince Mohammad bin Salman announced plans to build a new city called Neom. This ambitious plan for a city would be located in the northwest region of the Kingdom and span across Saudi Arabia, Jordan and Egypt. Neom is part of Saudi Arabia’s vision 2030, a plan to reduce its d...

December 18, 2017
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Mugabe Steps Down

Mugabe Steps Down Political tensions have been rising in the southern African nation of Zimbabwe over the last few days as the long-standing leader Robert Mugabe was placed on house arrest by the army in a coup*. The people of Zimbabwe have experienced tough times under Mugabe since he became the leader back in 1980, and on the 21st of November he ...

November 22, 2017
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US-Turkey Diplomatic Tensions

US-Turkey Diplomatic Tensions Both the US and Turkey have announced they have suspended all non-immigrant visa services for travel between the two nations. The shock announcement came after a United States consulate worker in Istanbul was held over  suspected links to the cleric blamed for last year’s failed coup. The statement by the US missio...

October 18, 2017
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Harvey and Irma Effect

Harvey and Irma Effect It has not been a good couple of weeks for the United States and the Caribbean.  Harvey and Irma formed in the Gulf of Mexico and the Atlantic respectively, causing large-scale devastation in the region. It is expected to cost the US economy billions of dollars to fix the damage both hurricanes left behind. It will certainl...

September 13, 2017
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