Fed Set For ‘Hawkish Hold’? Trade Back In The Spotlight
Here are the latest developments in global markets: FOREX: The US dollar index is higher by 0.17% on Wednesday, ahead of the Fed policy decision at 1800 GMT, and building on the gains it posted in the previous session. The...
Broken China should scare LatAm
I was only in Europe for a week orso in early July, but when I returned to Latin America the extent to which China had moved up the financial agenda was striking. Latin America can never afford to be insular,...
BOE Expected to Deliver Dovish Rate Hike in August
BOE’s rate hike in August is almost fully priced in. The focus is, thus, on the monetary policy outlook. The upcoming increase of +25 bps is the second one in more than a decade. Although the pickup in growth in...
Five of the scariest predictions about artificial intelligence
While experts are mostly in agreement about the benefits AI will provide medical practitioners — such as diagnosing illnesses very early on and speeding up the overall healthcare experience — some doctors and academics are wary we could be headed...
Dollar Higher as Trade War Heats Up Again, Manufacturing Data and Fed Watched
Dollar trades broadly higher today as talks of trade war heat up again. It’s reported that Trump is considering to impose 25% tariffs on USD 200B in Chinese goods, instead of 10%. The greenback is followed by Canadian Dollar and...
After-hours buzz: AAPL, P & more
Check out the companies making headlines after the bell: Apple shares rose more than 3 percent during after-hours trading, following a third quarter earnings report that beat Wall Street estimates. The tech giant reported earnings per share of $2.34, beating...