TFG’s exclusive interview with Robert Besseling covers the latest macro-economic factors at a regional level in Africa’s key economies.
Although the clocks went forward, they did not shed any fresh light on Brexit. The stalemate continued and the EU granted an extension to Article 50 until Halloween, by which time the clocks will have changed again and we’ll probably still be in the dark.
Since the start of his Presidential election campaign in 2015, the world knew that Donald Trump would engage in trade wars. He connected with middle America by suggesting he would bring manufacturing and production back to states such as Ohio and Pennsylvania. Trump also told the nationalistic population that America would return to being the greatest superpower.
Facebook has experienced its fair share of bad news over the past year. On the heels of dealing with privacy issues and a decline in revenues due to reduced target marketing, on Thursdayת the US Department of Housing and Urban Development reported that it was charging Facebook Inc. with violating fair housing laws.
Trade Finance Global heard from Stephen Hubble, Chief Analyst at Centtrip, on how even the largest businesses struggled to deal with currency volatility and market uncertainty as a result of the current climate.
President Trump entered office in November 8th, 2016. Throughout his campaign, he held a very strong and very vocal position on the trading relationships that the US held with the rest of the world – that it was not good.
The UK and the EU have agreed to extend the Brexit deadline until October 31, 2019, from April 12, 2018. Initially, it was thought that the EU was thinking of extending the deadline until June 30.
March was a hive of Brexit activity in the House of Commons but the upshot is that we are no closer to an outcome. The pound fluctuated and towards the end of the month it managed to rally sharply as optimism for Theresa May’s deal being passed rose.
Trade tensions continue for between the US and the EU, causing much volatility and uncertainty for businesses trading overseas. TFG look at some of the impacts FX volatility has on businesses working cross-border, and how CFOs, treasurers and FDs are hedging their risks when it comes to protecting their margins and balance sheets.
Optimism that the US and China could be edging towards an agreement over trade has grown in recent weeks.
For the most part, February was the calm before the storm as Theresa May pushed back the meaningful vote to the end of the month. We saw little change in GBP volatility as the markets were left in wait and see mode.
To oil or not to oil? How is the UAE diversifying its economy to attract investment? As oversupply concerns curtail the global oil price’s trudge back upwards following its flirtation… read more →
New Brazilian president Jair Bolsonaro had recently vowed that his country was ‘open for business’ at the World Economic Forum in Davos. The Swiss gathering of the financial elite marked the ideal audience of bankers, investors and decision makers for Bolsonaro to make his bold pitch.
The Federal Reserve delivered a very dovish surprise at its monetary policy meeting in January, signalling that its current interest rate hike cycle that began in late-2015 could be at… read more →