Market Vault

The twists and turns in the Brexit tale finally draws us to Boris Johnson stating that the UK must leave on 31-Oct-19 – the fate of (Northern) Ireland is in focus as has been the case over the last couple of years as the backstop agreement of Brexit remains the debate. If the deadline for

With signing of the Phase-1 deal scheduled for 15-Jan, Trump did a truce with China. He also did not impose tariffs on European auto exports, and it seemed the world is entering a Happy (& Stable) New Year after a tumultuous and hazy 2019. But, then 2020 is a US re-election year and what better

Multitude of geo-political risks came to the forefront in Nov but were thrown out of the window as hopes of a US-China trade talks buoyed sentiment. Not that the talks have concluded, and the deal is done-and-dusted but hopes are enough to fire up the animal spirits. Trump has dilly-dallied like a pendulum swing with

October saw a small breakthrough in the ongoing US-China trade tussle with the announcement of what Trump has called “Phase One Trade Deal”. The deal calls for China to commit to substantially increase purchases of US Agri products, further opening of its financial sector and keeping currency stable. But a resolution seems distant for a

The twists and turns in the Brexit tale finally draws us to Boris Johnson stating that the UK must leave on 31-Oct-19 – the fate of (Northern) Ireland is in focus as has been the case over the last couple of years as the backstop agreement of Brexit remains the debate. If the deadline for

Continued volatility in sentiment has been the norm for the past 2 months. Jackson Hole Symposium of central bankers didn’t exactly turn out to be convention of camaraderie. The animosity between nations rampaged on: Hong Kong in the month raged against China (though likely signs of a truce seem round the corner), China raged against

In the U.S. Manufacturing PMI, Services PMI, CPI, PPI and the Conference Board’s Consumer Confidence all beat expectations indicating a heating up economy. So why should the Fed cut rates at all? Pressure from Trump can be a cause and Powel has “diplomatically” balanced out an emphatic rate cut with a language tone in the