The US Dollar Extended Losses Amid Trade Policy Risk
Market analysis on behalf of Konstantinos Chrysikos Head of Customer Relationship Management at Kudotrade
The US Dollar started the week in the red, hovering near a three-year low, as investors grappled with conflicting signals from Washington on trade policy. While President Trump announced a tariff exemption for smartphones, computers, and other tech products under the new “reciprocal”...
Gold Moves Higher Amid Safe Haven Demand
Markets analysis on behalf of Hassan Fawaz Chairman & Founder of GivTrade
Gold prices extended gains on Thursday, rebounding further from last week’s correction as safe-haven demand remained robust. Yesterday, the precious metal rose 3%, following President Donald Trump’s decision to raise tariffs on Chinese imports to 125%, intensifying tensions between the world’s two largest economies. While Washington introduced...
Capital raising activities could return to levels in 2021
Malaysia’s capital market activity is on track to improve in 2021, with fundraising interest across some sectors...
India to dominate global ammonia capacity additions by 2025
The global ammonia industry is poised to register a total growth of 23% from 230.88 million...
Bitcoin's growth leads to 20x higher transaction fees as mining power grows by 38%
Data presented by cryptocurrency trading simulator Crypto Parrot indicates that Bitcoin's fees per...
UK construction output growth accelerates despite new lockdown measures and Brexit difficulties
Following the release of data from the Office for National Statistics (ONS) showing...
China Exports Hit $237.6bn Value in July, a 7.2% Jump Year-on-year
Chinese trade was severely hit after the coronavirus outbreak as the authorities locked down...
Middle East remains on track to bring significant refining capacity online
After years of talk about the declining role of oil in the global economy,...
COVID-19 will cause North America construction output to fall by $122.4bn in 2020
Amid the rapid decline in demand for new projects and safety regulations...
RFI Summit announces roundtable on responsible finance
The Responsible Finance & Investment Foundation and Swiss Arab Network are excited to announce the addition of another...
