IMF cuts global growth forecast
The International Monetary Fund has cut its global growth forecasts as trade tensions between the U.S. and trading partners have started to hit economic activity worldwide. With trade growth set […]
US
JPMorgan expects the rise of China’s yuan
With little prospect of a restart for U.S.-China trade talks, JPMorgan Chase & Co. now expects an escalation in tensions that will see higher American tariffs on all Chinese imports, […]
Credit Suisse settles with US regulators to pay $10 mln
Credit Suisse fined $10m for fraudulent trading activities. The Swiss bank has agreed to pay to resolve charges by the US Securities and Exchange Commission (SEC) and New York attorney […]
Canada-US reached deal to replace NAFTA
Canada has agreed to join the United States and Mexico in a trade deal that will replace the North American Free Trade Agreement, U.S. and Canadian officials said Sunday night. […]
FED expected to raise rates on Wednesday meeting
The Fed is expected to raise interest rates by a quarter point Wednesday and indicate it plans to keep hiking them in what many expect to be a hawkish message […]
Trade Wars
There have been numerous reports on the ongoing trade war between the US and China. So far the markets in the US seem to have taken the goings on in […]
US report: Crypto exchanges are at risk of manipulation
Several cryptocurrency exchanges are plagued by poor market surveillance, pervasive conflicts of interest and lack sufficient customer protections, the New York Attorney General’s office said in a report published on […]
Trump: next step is to imposte tech tariffs
The White House isn’t just dismissing technology companies’ concerns about tariffs on China, it’s picking up the pace. Both Reuters and the Wall Street Journal have learned that the Trump […]