Geopolitical Events
Forex This Week: What to Expect
By Deepta Bolaky @DeeptaGOMarkets In the month of May, major currencies were stronger against the US dollar as risk sentiment improved and haven currencies like the US dollar, the Yen and Swiss franc have lost momentum. Commodity-linked currenc...
Read MoreEURUSD: EU Recovery Plan and EU’s Frugal Four
By Deepta Bolaky @DeeptaGOMarket EU Recovery Fund After a standoff between the EU and Germany, following a critical ruling on ECB’s quantitative easing program by Germany’s constitutional court, the gradual reopening of economies of member ...
Read MoreThe Lockdown, the Fallout and the Roadmap to Recovery
By Deepta Bolaky @DeeptaGOMarkets Global Lockdown In an abrupt and unprecedented manner, the world witnessed a mass halt to global activities due to the pandemic. Governments and central banks rushed in to intervene and support the global econ...
Read More2019 in a Nutshell and the Transition to a New Decade
By Deepta Bolaky @DeeptaGOMarkets If we could describe the year 2019 in one word, we believe uncertainty says it all. The world entered 2019 with a high level of ambiguity and is poised to finish the year with the same extent of uncertainties. ...
Read MoreThe Loonie – Best Performing G10 Currencies
By Deepta Bolaky @DeeptaGOMarkets The Loonie Best Performing G10 Currencies After a tight campaign marred by scandals, Justin Trudeau secured another term as Prime Minister. Unlike a clear win in 2015, the Prime Minister did not pass the thre...
Read MoreCritical Hours for Brexit
By Deepta Bolaky @DeeptaGOMarkets Critical Hours for Brexit As the clock ticks for Brexit, Brussels and London seem to be working harder than before on their differences for a last-minute Brexit deal. The headlines in the past 48 hours have rene...
Read MoreOne Country, Two Systems
By Deepta Bolaky @DeeptaGOMarkets One Country, Two Systems The Hong Kong protests have reached a point where it is threatening the “one country, two systems” that exists between the special international financial hub and the mainland. It...
Read MoreAugust – A Challenging Month for Markets
By Deepta Bolaky @DeeptaGOMarkets August – A Challenging Month for Markets A wave of volatility swamped the markets in August. Recession fears, yield curve inversion, and the big breach of the Yuan were the dominant headlines that alarmed inve...
Read MoreThe European Union Top Jobs
By Deepta Bolaky @DeeptaGOMarkets The European Union Top Jobs The European Central Bank (“ECB”) President The European leaders nominated Christine Lagarde, a French lawyer and a politician serving as Managing Director and Chairwoman of the ...
Read MoreThe G20 Summit: President Trump-Xi Meeting
By Deepta Bolaky @DeeptaGOMarkets The G20 Summit The G20 Summit is an international forum for the governments and central bank governors from 19 countries and the European Union to discuss global economic challenges. Non-member countries can al...
Read MoreUS Jobs Report
The Buraeu of Labor Statistics have released the latest jobs report for April. Let’s take a look at the latest numbers. The total non-farm payroll employment increased by 263,000 the U.S. Bureau of Labor Statistics reported today, beating th...
Read MoreFrom Singapore to Hanoi – Summit 2.0
By Deepta Bolaky @DeeptaGOMarkets President Trump is on the “Tweet Rally” with positive headlines on the trade front and much confidence ahead of the Summit in Hanoi, Vietnam. Singapore Summit The Singapore Summit marked the f...
Read MoreTrade Deadline Delayed – “Substantial Progress”
By Deepta Bolaky @DeeptaGOMarkets Monday started on a buoyant note as the weekend negotiations between the US and the Chinese officials on structural issues, including intellectual property protection, technology transfer, agriculture among...
Read MoreThe Dalian Port – “China’s Coal Ban”
By Deepta Bolaky @DeeptaGOMarkets Wednesday was the bearer of bad news for Australia. Despite the buoyant employment report which briefly lifted its local currency, the Australian dollar plummeted on Westpac’s rate cut forecasts and the n...
Read MoreA Busy End of the Month
By Deepta Bolaky @DeeptaGOMarkets US Government Shutdown President Trump has agreed to temporarily end the shutdown, putting an end to the most extended shutdown in US history. The three-week pause initially lifted investor sentiment and hel...
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