Jovana Pribic

In the G20 meeting that concluded yesterday, analysts at Deutsche Bank have noticed that most global finance chiefs warned against protectionism with BOJ Governor Kuroda noting “the G20 will continue to emphasize the importance of free trade” while France’s Finance Minister Le Maire reiterated that there will only be losers in a trade war and […]

The markets were feeling a little indecisive last week given the unpredictable spate of headlines which seemed to come from the White House on an almost daily basis then there’s good news as we have the welcome distraction of a Fed meeting this week. Financial markets are pricing in a greater than 90% probability that

According to the German centre0-right, liberal-conservative newspaper, Frankfurter Allegemeine Zeitung, the European Commission is preparing member states for a trade war with the US over Trump’s steel and aluminum tariffs. It has obtained an internal memo from the European Commission that tells member states not to be ‘too optimistic” about obtaining steel and aluminum tariffs

The negative view persists and a probable lack of overtly hawkish Fed signals in the US. FOMC is to hike +25bp next week and retain an optimistic outlook but risks of a strong hawkish signal have eased following benign Feb earnings and CPI, weaker Q1 tracking estimates (Atlanta Fed now cast trimmed to 1.9% from

According to the ECB President Mario Draghi’s speech yesterday, during the ECB conference, the monetary policy will remain patient and prudent with sustained adjustment in the path of inflation towards target is the condition for net asset purchases to end. He has also mentioned that there is still a need to see further evidence that

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in February on a seasonally adjusted basis after rising 0.5 percent in January,” the U.S. Bureau of Labor Statistics reported yesterday. Over the last 12 months, the all items index rose 2.2 percent before seasonal adjustment. The index for all items less food

The prospects of a trade war have increased due to the US tariffs on steel and aluminum. However, at the last minute, President Trump shifted and opened the door to exemptions, including for Canada and Mexico. Australia experiences a bilateral trade deficit with the US and cooperates in military matters, and may also be in

Forex today in Asia this Monday was mainly driven by the risk sentiment, with the Asian equities tracking their Wall Street counterparts higher, in the wake of disappointing US wage growth numbers. Therefore, we saw the USD/JPY reaching for a test of the 107 handle before coming under aggressive selling pressure, as uncertainty over the

The March Beige Book maintained that US economic growth continued at a modest to moderate pace, but some of the language regarding wage growth and prices have changed. The March report notes that wage and price pressures picked up between January and March in many districts, where employers have raised waged and expanded benefit packages

As it is known, U.S. President Donald Trump restated his attention to place big tariffs on imports of steel and aluminum, warning the European Union of the impact of ‘big tax’ for not treating the United States well in terms of trade. On his comment, the International Monetary Funds’ Managing Director, Christine Lagarde, said on