Oil could rise $10 per barrel after drone attack reportedly forces Saudi to cut output in half
A trader wipes his eyes as he watches stock prices at the New York Stock Exchange in New York. Don Emmert | AFP | Getty Images Oil prices could jump as much as $10 per barrel after a number of...
Afrophobia just one of the many risks burdening South Africa
A man walks past a damaged shop after overnight unrest and looting in Johannesburg in September The recent media attention given to the violent attacks on African migrants and African-owned businesses has caused quite a stir, but there is reason...
Macaskill on markets: Investment banks and the sharing economy
The trend towards US dominance is particularly acute in investment banking, where JPMorgan is now the top revenue generator in Europe, as well as globally. So exploration of a link between Deutsche Bank and UBS to bolster both firms by...
Weekly Economic and Financial Commentary: Recession Fears Easing Up?
U.S. Review Recession Fears Easing Up? This summer’s fears about escalating trade tensions, slowing global growth and an inverted yield curve have let up somewhat as risk-on sentiment made a comeback this week. With a growing string of economic data...
Forward Guidance: Economic Data Still Looks Okay, Fed Will Still Cut Rates
A quiet past week of economic data nonetheless took on a (slightly) more positive tone in terms of the near-term economic growth outlook for North America. Another round of tariff-by-tweet policy from the Trump Administration saw the US delaying the...
The Weekly Bottom Line: Optimism on Trade Deal Lifts Markets
U.S. Highlights There was good news in the trade negotiations between the U.S. and China this week as the President announced a postponement of tariffs and China exempted key agricultural goods (pork and soybeans) from existing tariffs. The European Central...
Week ahead – Central Banks the Only Game in Town
Brexit, Fed and trade war remain in focus For many months now, all of the attention has been on the trade war, Brexit and central bank easing. Next week is going to be no different as the UK Supreme Court...
Silver Wins the Gold for Biggest Loser
Silver closed down almost 3.5% today near 17.50 as it continued its selloff from the blow off top at 19.62. The precious metal is down nearly 10% since September 4th. Source: Tradingview, FOREX.com – advertisement – Silver had been in...
Responsible finance: The pledge that never was
The US Business Roundtable, which represents the chief executives of 192 large US companies, including Bank of America, JPMorgan, Morgan Stanley, Citi, Wells Fargo and several other large financial firms, released a new ‘Statement of purpose of a corporation’ in...
Ms. Monopoly is supposed to empower women. Critics say it does the opposite
Ms. Monopoly game. Source: Hasbro The typical 8-year-old probably doesn’t know much about the gender pay gap. Now the topic could come up if she or he plays the new game, Ms. Monopoly. Some critics are skeptical, however, of how...