Dec 19,2019

The saying goes: ‘great power comes with great responsibility,’ especially if you are granted the power to be the President of the most powerful country in the world. Donald Trump, the 45th President of the United States, will now make history as the 3rd US President to be impeached by......

Dec 17,2019

Before  the upcoming Holiday season, many people in the United Kingdom and even those in the European Union received an early Christmas gift following the announcement of UK’s election results, with PM Boris Johnson’s Conservative Party winning the majority. What a way to start the new year 2020 by putting......

Dec 16,2019

Market participants enjoyed their weekend while celebrating over the reaching of the Phase One trade deal between the US and China. Two significant parts of the agreement included; larger purchases of US goods and services by China and US December 15 tariffs to be eliminated. Stocks, commodities, and dollar market......

Dec 11,2019

The dollar index (DXY) seems to found significant support from its 97.00 handle, after previous pressure from trade tensions and weak economic data during the start of December caused the index to record the most considerable intraday losses since October. Last Friday, with the help of the unexpected hike in......

Dec 10,2019

Last Friday, the dollar index (DXY) made a significant rebound from its 97.00 handle, supported by upbeat Non-Farm Payrolls (NFP) data. According to the reports, US NFP for the month of November showed a job creation up to 226K, beating economists’ expectations of 186K by a long shot. Furthermore, the......

Dec 05,2019

Winter is coming, so is the UK general election where political parties battle off to obtain the majority vote. The winning party will get the power to ratify the Brexit deal through the Parliament and deliver Brexit after 3-years of delay. With the previous Brexit Party led by Nigel Farage......