North Korean Summit

Week Ahead: Dollar Struggles as Geopolitics and Central Banks Take Spotlight

Week Ahead: Dollar Struggles as Geopolitics and Central Banks Take Spotlight

Prepare for an eventful week! The Fed will kick off its June 2-day FOMC meeting on Tuesday and is expected to announce a 25 basis points rate hike. The same day President Donald Trump will be in Singapore for the much-anticipated meeting with North Korean Leader Kim Jong Un. Simultaneously, U.K. Prime Minister, Theresa May, will ask her party to overturn changes to the E.U. withdrawal bill.

Trump Effect: U.S. & North Korea Summit Should Provide Big Impact on Currency Markets - Especially in Asia

Trump Effect: U.S. & North Korea Summit Should Provide Big Impact on Currency Markets - Especially in Asia

President Trump wants to go down in history for de-arming North Korea’s nuclear weapons and brokering a peace agreement between the North and South. Meanwhile, Kim Jong Un has more short-term targets – sanctions relief and economic solvency. We analyze the potential business impact of the much-anticipated summit meeting.

Week Ahead: Geopolitical Tensions Moderate Ahead of U.S. Jobs Week

Week Ahead: Geopolitical Tensions Moderate Ahead of U.S. Jobs Week

Holidays in the United Kingdom and the United States will make for a short trading week, but one that will be filled with economic data releases alongside new reports from US-China and US-North Korea relations.

Trade War Talks are Back

Trade War Talks are Back

Trade war talks are back and the dollar is under pressure. Reports that the U.S. commerce department has opened up “a section 232 investigation into the imports of cars to determine their effects on America’s national security” is ringing alarm bells given what happened when the U.S. imposed steel and aluminum tariffs in March.