Markets shrug off geopolitical tensions

S&P 500 Index reaches a new record high as investors shrug off North Korea provocation and UK terrorist attack. GBP bears pounded by rising interest rate hike expectations.   Last Friday brought another round of…

North Korea - missile

North Korea does not test a missile

After North Korea celebrated its National Foundation Day without testing a missile, focus today shifts to the United Nations Security Council vote on further sanctions. Hurricane Irma is expected to be the most expensive storm…

export in china slower

Export dynamics slow in China

The Chinese trade balance deteriorated in August on slower exports growth and still resilient imports growth. Contrary to consensus expectations, the Chinese trade surplus declined for the first time in six months, albeit moderately. This…