A $500 million question making the rounds of the global banking industry is how Malaysia's central bank managed to simultaneously increase its foreign exchange reserves and meddle in markets to support its currency.   The ringgit was particularly hard hit in the "Trump tantrum" of emerging...

In the latest indication of an acceleration in economic growth early in the fourth quarter, driven by rising demand for machinery and a range of other equipment, new orders for U.S. manufactured capital goods rebounded in October.   This month, following the election of Donald Trump as the...

For a long time, oil production on the Norwegian continental shelf has mainly been a privilege of large foreign companies and Statoil, a major player in the country’s market, which produces about 70% of the Norwegian oil. However, two years of low prices have changed the situation. Assets in the...

There are long queues of people who want to exchange obsolete money for new in India. The government decided to withdraw large bills from circulation, which led to panic among the population, Bloomberg reports. According to the publication, Indian government's decision to terminate circulation of...

Some think, TPP would be “meaningless” without the U.S., while others does not consider it to be the end of TPP and China has its own agenda for “free trade” promotion. In the presidency of Donal Trump, the “Asia-Pacific trade deal” has no future, as the President-elect blocked the option, whereby...

After Donald Trump's election victory raised fears the United States would scrap free trade deals, Chinese officials said more countries are looking to join a China-led trading bloc even as Pacific Rim leaders vowed on Sunday to fight protectionism.   Trump threatened to impose steep tariffs...

According to political consultants, China's leaders have remained unappalled even despite recent fall in the yuan. However, if the exchange rate overcomes psychological barrier of 7 yuan for dollar, it will lead to a rapid outflow of capital, of which the Chinese authorities are afraid. On Friday,...

The stomping down of the currencies of emerging markets by the dollar is not going to end soon, say analysts.   Ever since Donald Trump clinched a surprise victory in the U.S. presidential election, the greenback has been on a tear. Demand for the dollar has been boosted by...

Economists and strategists are of the view that the G10 currency market is driven solely by political events.   This was the view of Dominic Bunning, FX Strategist at HSBC. Whereas on numerous previous occasions, a wide range of events had impacted the performance of G10 currency pairs, now...