Posted on August 01, 2017
The IMF revised its growth forecast for the US and UK for both 2017 and 2018. Behind their reasoning there are the political uncertainties and slowing growth the two countries face. European countries are expected to do well in the meanwhile and the global growth is getting a momentum too.
Posted on July 23, 2017
The four rate hikes by the Fed since 2015 put rates between 100 and 125 basis points creating some room if the economic environment deteriorates. US monetary policy still has the leading role for global central banks, but it seems that a shift is coming. All this may lead to a stock market correction.
Posted on July 16, 2017
The US is quitting Paris Agreement and that became even more obvious after the G20 summit. But ever since Donald Trump’s original announcement of leaving the agreement, most coal companies are still falling. While renewable energy industry is on the surge.
Posted on July 09, 2017
New cryptocurrencies come and go: the new kid on the block is Ethereum which has great success lately. But as popularity of these coins rise, some started to believe that a bubble is blowing. It sounds bad as volatility is still a huge problem for cryptocurrencies.
Posted on July 02, 2017
After a long wait, MSCI Inc. included mainland China stocks in its indices. The step was expected as China has opened its markets for a while now, and many believed that MSCI’s decision is due. After the news of inclusion, Chinese stocks started to surge.