The United States and China are set to sign phase 1 of their trade deal on Wednesday. President Donald Trump and the Chinese Vice Premier Liu He are expected to meet and sign the accord during an event that is taking place at the White House. The 86-page document aims […]
Read Time : 3 Minutes
Fed Announces Repo Plans into February
The Federal Reserve announced on Tuesday its plans to conduct repurchase agreement operations (repo operations) until at least mid February, extending the program that has been in place since September. However, the Fed hinted that it may be looking to end its repo plans, though no details were provided. The […]
Read Time : 3 Minutes
Theresa May’s Advisor Attacks Boris Johnson’s Brexit Deal
According to Theresa May’s former advisor Gavin Barwell, a member of the House of Lords, Boris Johnson’s Brexit deal gives Brussels what it wanted regarding Northern Ireland. Brussels was demanding from the UK to avoid the creation of a border between Northern Ireland and the Republic of Ireland. In order […]
Read Time : 1 Minutes
Pound Weighed by Worries
The Pound Sterling continues to slide during London trade on Tuesday as yet another member of the Monetary Policy Committee of the Bank of England signaled a willingness to lower interest rates at the upcoming policy meeting. Disappointing economic data released yesterday essentially increased bets that the central bank will […]
Read Time : 3 Minutes
Optimism Reins Supreme as Trade Deal Details Emerge
The full details of “phase 1” of the U.S.-Sino won’t be released until Wednesday, but some details have been released to the press which show positive advances and heightened good will between the countries. The reports have sent global stock indexes broadly higher and have kept currency movements stable as […]