Lira continues in tumbles (22.05.2019)

Lira continues in tumbles (22.05.2019)

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...
President Donald Trump Dramatically Increased Pressure On China

President Donald Trump Dramatically Increased Pressure On China

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...
Coal loses its momentum in the global energy markets

Coal loses its momentum in the global energy markets

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...
U.S. Retail Sales Unexpectedly – 01.04.2019

U.S. Retail Sales Unexpectedly – 01.04.2019

U.S. Stock Index Futures mirrored a rally in global stocks on Monday after a surprise recovery in China factory activity and further hints of progress in U.S.-China trade talks. Wall Street ended the first quarter on a high note on Friday, with the S&P 500 logging its best quarter since 2009 as investors bet the...