In 2017, anything related to Blockchain and cryptocurrency was hot property; in 2018, anything linked with blockchain is having a difficult time. Last year, about 170 hedge funds began trading; while in 2018 only 20 new funds have started so far. Additionally, chances are 10 percent of the existing funds will close operations this year, [...]

"Since the election, we have created 2.4 million new jobs, including 200,000 new jobs in manufacturing alone," said Trump. The unemployment rate has fallen under Trump, from 4.7 per cent in December 2016 to 4.1 per cent in December 2017, a very low rate by historical standards. But this is a continuation of the downward [...]

The dollar was the second worst performer in 2017 among major currencies after the New Zealand dollar, and its drop was the steepest in more than a decade despite three interest rate hikes and the passage of Trump's tax reform, which could logically be expected to drive the dollar's value upward. This significant drop has [...]

Worries that Trump is entangling America in a global trade war intensified greatly this week after China imposed retaliation tariffs on the US and stock markets plunged. The Dow Jones industrial average crashed and then rallied after markets fell in Europe and Asia on concerns of an escalating trade conflict amongst the world’s two leading [...]

Trump has been a Twitter user since 2009, amassing more than 20 million followers and issuing more than 30,000 tweets. Trump’s frequent use of Twitter in the addressing of individual companies, countries and future U.S. policy towards commerce have made his Twitter feed an influential market moving force. A strong advocate for Twitter, Trump cites [...]

Polling data failed to predict that Trump would win the White House – which he did by 290 electoral votes to 228. Besides wrestling the presidency away from the Democrats, the Republican Party also managed to keep control of its majority in the Senate and Congress. It was this data that guided markets to think [...]

We explained last week that beginning with the Crusades, Europeans rediscovered spices, silks, and other commodities which were uncommon in Europe. This development created a fresh desire for trade, and trade expanded in the second half of the Middle Ages. Newly forming European states, through voyages of discovery, were looking for different trade routes in [...]

We touched last week on how countries asserting domination on minting coins paired with the Commercial Revolution led to a rise in cross-border trade and thus the need for FX. We also mentioned how this was carried out on an international scale by mainly Italian merchant societies. In relation to minting coins, Italy has an [...]

Currency trading and exchange goes all the way back to ancient times. They were essential tools for trade in the ancient world, as they allowed people to purchase and peddle items such as food, pottery and raw materials. If a Greek coin held more gold than an Egyptian coin due to its size or content, [...]

Risks to the Chinese economy are expected to remain among the key risks to the global growth outlook in 2018, with the Asia Pacific region especially vulnerable to the shock waves from a slowdown. “Significant economic imbalances continue to create downside risk to the outlook for 2018,” said Rajiv Biswas, chief Asia-Pacific economist at IHS [...]