Uncertainty surrounding the Brexit process has continued to dominate the headlines and drive much of the volatility in the foreign exchange market in the past few weeks.
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.
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.
Optimism that the US and China could be edging towards an agreement over trade has grown in recent weeks.
In recent years, the trade finance landscape has seen immense change, driven by a multitude of factors, including policy, consumers, technology and protectionism. A few years ago we were debating… read more →
There were no real surprises whatsoever in last week’s US congressional midterm election, a far cry from Donald Trump’ shock Presidential election victory back in November 2016. Almost fully in… read more →
Fears of a potentially damaging global trade war have dominated much of the headlines in the foreign exchange market in the past couple of months, particularly across the Atlantic. We… read more →
UK Trade Envoy to Iran, Lord Norman Lamont said in an exclusive interview with Trade Finance Global that Trump’s sanctions are having a huge impact on global trade, causing a… read more →
The week started very quietly in terms of economic data, although more Brexit fears caused the pound to weaken against the US dollar. There have been some encouraging headlines about… read more →
As is becoming standard nowadays, there were political distractions in the United States throughout September. However, this time the only real attention on Donald Trump was by association. His pick… read more →
If we look back at sterling’s movements over the past month we can see they have been fairly sedate. Of course, there have been instances of intraday volatility but overall,… read more →
Europe is a large and attractive market for commodities, heavily dominated by Russian exporters, or at least it was, until Donald Trump stepped into power. His promise to supply Eastern… read more →
On the 5th of February 2018, the Dow Jones suffered the worst day in over six years. Followed by a global stock market plunge, the Index dropped in average 4.6%… read more →
Currency markets and currency conversions are often complicated, but by understanding the basics, looking at bank forecasts and looking at how exchange rates can affect a businesses bottom line is… read more →
The past year has certainly been momentous for many major markets, particularly in the UK and the US, where the vote to leave the European Union and the election of… read more →
