23rd June 2019

Global Developments Bottomline: Listening to global central bankers, loose monetary policy is the way forward (unless global outlook improves), except for the Bank of England which is battling Brexit. Geopolitical tensions have flared with the US deciding last minute to back out of air strikes on Iran. As we edge closer to the end of…

16th June 2019

Global Developments Bottomline: Central banks are scheduled to meet on policy this week, starting with the Fed on Tues-Wed – waiting for a clear direction, financial markets are already pricing in two cuts by end of the year (the CME Group’s FedWatch tool shows traders assign an 88% probability of a cut in Jul). The…

9th June 2019

Markets: Most global equity markets ended positive week – optimism picked up as US revealed plans to give China more time to avoid a tariff hike (further, on Fri, Trump tweeted that tariffs on Mexican imports were “indefinitely suspended) while weak jobs data raised expectations for a Fed rate cut. Yields on 10-year Treasury notes…

2nd June 2019

Weekly Economic COMMENTARY – Brought to you by Nasser Saidi & Associates – 2nd June 2019 Global Developments Bottomline: In the last week of May, as the “cold war” with China continued, came a few more trade “actions” from the US – India will be stripped of its preferential market access to the US from…