Market News

Trade tensions have roiled global markets this week with the MSCI All Country index up 0.2% on the day but in line for a more than 1% fall in its third week in the red, their longest losing streak since a rout in December. In overnight comments, Trump also labeled Chinese telecommunications giant Huawei Technologies...

Via Zerohedge, While there wasn't a specific event behind today's mauling of Turkey, which to many investors has become the canary in the emerging markets coalmine, the selling picked up after Turkey said soldiers had been dispatched for training in Russia ahead of the delivery of the S-400 missile-defense system. As Defense Minister Hulusi Akar...

Governments Of All Stripes Like To Take Credit For The Jobs Created In An Economy, But In Australia's Case It Is Literally True. According to figures from the Australian Bureau of Statistics (ABS) all the gains in employment for the year to February were in the public sector, some 292,900 in all. By contrast, private...

President Donald Trump Dramatically Increased Pressure On China on Sunday to reach a trade deal, saying he would hike U.S. tariffs on $200 billion worth of Chinese goods this week and target hundreds of billions more soon. The move marked a major escalation in tensions between the world's largest economies and a shift in tone...

Gulf Brokers: Coal prices drastically falls down due to its environmental damage and lack of economic significance Cairo – April 11, 2019: A survey conducted by Mahmoud Abo Hadima, Senior analyst at Gulf Brokers, about the future of coal in the global energy markets revealed that coal, which has been the irreplaceable energy source in...