Shawn Roberts

The majority of the major currencies had a muted response to yesterday’s signing of a trade deal between China and the United States, largely because there were no new surprises. Analysts point out that the issues which were agreed upon had already been determined since mid-2019, so this signing of […]

The People’s Bank of China said that the reserve requirement ratio (or RRR) is currently at an appropriate level. The head of the People’s Bank of China’s Sun Guofeng added that there is limited room for further cuts in the reserve requirement ratio (RRR). At the beginning of the month, […]

The signing of “phase 1” of the U.S.-Sino trade deal on Wednesday has allowed traders and analysts worldwide to breathe a sigh of relief. After weeks of speculation as to whether the deal would be signed, the two countries are on their way to more stable political and economic relationships […]

The Pound Sterling initially edged lower in Wednesday trade after disappointing inflation data ramped up market expectations that the Bank of England will be cutting its lending rate at this month’s meeting. According to the Office of National Statistics, CPI hit 1.3% last month, down from November’s 1.5% and the […]

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 […]

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 […]

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 […]

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 […]

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 […]