January 21, 2019
Canadian banknotes on white background

CAD Hits 9 Day Low as Oil Prices Slip – but Could It Turn a Corner in 2019?

The Canadian Dollar slipped to a 9-day low against its US counterpart this week following yet another drop in oil prices. US crude slipped to $52.07 a barrel on Thursday following increased US production, contributing to CAD losing further ground against USD. Although the oil price led CAD depreciation was minimal it drove the commodity […]
January 12, 2019
US and China finance economic direction, trade war, import and export or world economy concept, compass on US dollar and china yuan banknotes, tariff deal situation.

Are the Effects of Trump’s Trade War Being Reflected in China’s Economic Data?

The last month has seen China publish numerous points of disappointing data figures, many of which have fallen behind estimate, all of these data releases point towards a slowing in appetite almost certainly due to the spiralling potential trade war with the US which although suspended remains far from resolved. Year on year Chinese industrial […]
December 7, 2018
USA and China trade war concept. Tade war caused by the 2018 US tariffs on steel and aluminium

Xi and Trump Agree 90-Day Trade Truce

US officials have announced that President Trump and Xi has agreed on a 90-day delay on further import duties on Chinese goods. Trump confirmed the dinner at the G20 summit had been productive claiming that the evening was “productive meeting with unlimited possibilities for both the United States and China”. The 90 days affords the […]
November 15, 2018
'I Voted' stickers on the US flag background.

Midterm Elections Results See Dollar Dip and Stocks Rally

While the midterms delivered very little surprises the outcome cause an element of volatility in financial markets. The Result which saw Democrats regain the house whilst Trump’s Republican retained control of the Senate. Trump has enjoyed a carte blanche approach to policy and change, a luxury which will almost certainly change now. The result leaving […]
November 8, 2018
sterling pound on the UK flag

Sterling Rockets As City Deal Is Close to Getting The Green Light

Sterling exchange rates picked up the pace finally as hints that a deal could be struck emerged between the UK and EU emerged this week. Whilst the divorce settlement and Irish border issues still remain problematic it appears a deal could have been struck on UK financial services post-Brexit. The progress on talks was highlighted […]
October 16, 2018
Economic trade war between USA and China, freight transportation concept, cargo containers with USA and China flags hoisted by crane hooks on blue cloudy sky background

Chinese Export Markets Undeterred by Tariffs

China’s exports increased to a record $46.7 Billion despite the very possible chance of further tariffs being added to Chinese imports. The increase represents an increase of roughly 13% year on year and increases the trade surplus to $34.1 billion. The trade activity has defied some experts who anticipated a sharp decline in exports from […]
October 1, 2018
interest rate stock market chart

FED Interest Rate Rise Comes under Fire from Trump

The Federal Reserve Bank initiated another interest rate rise this week. The Rise of 0.25% was anticipated by the market but has attracted heavy criticism from President Trump who has once again bucked protocol and commented on the Federal Reserve Banks policies. This is despite being made aware that the bank’s purpose is to work […]
September 10, 2018

The NZ Dollar Tumbles as Trade War Intensifies

A number of factors have caused the NZ Dollar to plummet this week, further US tariffs on Chinese goods have seen the NZ Dollar Tumble to levels not seen since 2016 against the US Dollar. The increased tariff plans have also seen the safe haven currencies such as the Yen and Swiss Franc capitalise. US-China […]
September 4, 2018

No NAFTA Deal Agreed – USD/CAD Up Significantly

This week both the Europe and Northern America had been focusing on deals. Europe seeing possible developments with the deal between the UK and EU and Northern America reaching their deadline to finalise the new NAFTA agreement.  Whilst US officials plan to meet the Canadians next week to pursue the agreement, its understood that the […]