‘This is the fight of our lives,’ Elizabeth Warren says as she formally launches her 2020 presidential bid
Democratic Sen. Elizabeth Warren formally launched her presidential campaign on Saturday at a rally in her home state of Massachusetts, marking the final step in a process that had been underway for months. Warren made little secret for years of...
Dollar Emerged as Strongest in a Bad Batch on Global Slowdown Worries
Dollar ended last week as the strongest ones, mainly due to weakness elsewhere. Worries of global slowdown, or even recession, sent Germany and Japanese stocks sharply lower. Global treasury yields also tumbled on safe haven demand. Adding to that, renewed...
Why has Islamic finance stalled in Singapore?
Sultan Mosque in Singapore It is 14 years since Singapore’s then senior minister Goh Chok Tong announced the government’s intention to make the island state a hub for Islamic finance. The years since have seen a revamp of the regulatory...
Trump’s disruptive foreign policy will be tested in four major ways this month
February brings the most significant series of tests yet of whether President Trump can transform his disruptive U.S. foreign policy into concrete outcomes. The four to watch most closely are: negotiating a trade deal with China denuclearizing North Korea rallying...
How to Understand and Use Opening Range Breakout Strategy
Key points covered in this podcast What is the opening range? Why the opening range bias is a useful trading tool to have at your disposal How opening ranges work on multiple timeframes The opening range breakout strategy is a...
China Weekly Letter – Trump Backtracks on Xi Meeting, Growth Bottoming in Q1
Donald Trump has changed his mind on Xi Jinping meeting after warnings from his advisers. Steven Mnuchin says his team is putting in an enormous effort to meet the deadline and China has made more concessions. Our China Leading Indicators...
Weekly Economic and Financial Commentary: Piecing Together an Outlook with Limited Data
U.S. Review Catching Up On What Was Missing From Q4 The ISM non-manufacturing index fell 1.3 points in January to a still relatively robust 56.7. The U.S. trade deficit narrowed by a surprising $6.4 billion in November, as imports slowed...
The Weekly Bottom Line: Central Banks Have Cause For a Pause
U.S. Highlights Global central banks have followed the cue set by the Fed, as they too take a break from tighter monetary policy to assess mounting risks to global growth. Activity in the U.S. services sector cooled a bit in...
Week Ahead: China Returns, Lots of Macro Events and Brexit
We saw a U-turn in risk-sensitive assets in mid-week as stocks, crude oil and commodity dollars all fell after a bright start. The “risk-off” trade continued to dominate the agenda on Friday when this report was written, with US indices...
Dollar’s Next Move Depends on Trump’s Trade Progress and Border Wall Funding Concession
The relief rally in equities appears to have run out of steam as risk aversion gained momentum on concerns trade talks are not progressing fast enough and global growth fails to show signs of stabilization, despite accommodative stances globally. The...