In the past few weeks, the world has been shocked by the killing of Jamal Khashoggi inside Saudi Arabia’s consulate in Istanbul. Mr. Khashoggi is a Washington Post journalist and he was at the consulate for marriage-related document. Initially, the Saudi’s government said Mr. Khashoggi left the consulate alive. However, they changed their narrative on […]

The UK is going to leave the EU on 29 March 2019. However, currently the EU and UK have not reached agreement on the Irish border issue. In the last few years, the potential for no Brexit deal has given pressure to Poundsterling. But last week, Poundsterling surged higher against other major currencies as EU’s […]

Last week, Canadian dollar rose to its strongest since May against US Dollar over speculation that Canada and U.S. will strike a deal on NAFTA. News then come late Sunday that Canada agreed to join the trade deal with the U.S. and Mexico. All three countries plan to sign on the pact which will save NAFTA […]

Volatility in India stocks spiked higher last week as panic set in the nation’s financial shares and dragging down Bank Nifty and other benchmark Index. Investors confidence remain fragile after the recent default by IL&FS (Infrastructure Leasing & Financial Services). Then last Friday, India’s central bank rejected the tenure extension of  Yes Bank’s Chief Executive […]

The latest trade war between U.S. and China may affect U.S. companies with big operations in China, such as Apple. Saturday’s report by The Wall Street Journal suggests that President Trump has given a go ahead to his aides to implement a fresh $200 billion tariffs ahead of scheduled trade talks with China. This can […]

Last Friday Australian Dollar dipped to a two-and-a-half-year low after it broke blow 71 US cents due to a rising US Dollar and escalation in US-China trade wars. The last time the Australian Dollar traded below 71 US cents was on February 2016. The currency fell out of favor after last week’s comment by President […]