United States President Donald Trump showered confidence in Treasury Secretary Steven Mnuchin who has been troubled by a crisis that is a first for him. Trump’s comments were however unable to reaffirm confidence of Wall Street investors unnerved by the issues ongoing in the economy of the country...

The manufacturing, textile, and seafood industries of South East Asia could benefit from the ongoing U.S.-China trade war as companies scourge possible business opportunities in the region.   This is one of the reasons that High Point, N.C.-based Stanley Furniture was pointed out by Walter...

Next year, the main threat to the US economy will be a trade war with China, according to economists surveyed by The Wall Street Journal (WSJ). Many of them expect that the US Federal Reserve will even have to lower interest rates again starting from 2020. Meanwhile, China is also facing a slowdown...

In 2019, the UK will give up the fifth line in the ranking of the most developed economies to India and France. The British economy and currency have been shaking throughout all this year. The United Kingdom was in a fever from Brexit, a very extraordinary event, the consequences of which will be...

The United State Central Bank – the Federal Reserve, again raised interest rates by a quarter point but also reduced its forecast for more hikes in the future.   True to the expectations of the market, the benchmark funds rate was raised from 2.25 percent to 2.5 percent by the central bank....

The trade war with the United States if getting a bit more complicated for China because of a slow growing economy and the government’s approach on economy not being agreed to unanimously within the Chinese Communist Party, according to some analysts.   Analysts say that only some minimal...

Increasingly investors are expecting a slowdown in the global economy. The number of pessimists is now almost equal to their number in October 2008, that is, at the height of the global financial crisis. Analysts believe that the main reason for this sentiment is the US and Chinese trade war, which...

According to a recent survey among economists and financiers conducted by CNBC and the Federal Reserve System (FRS), the probability of a recession in the United States in the next 12 months rose to a record level for the entire period of the presidency of Donald Trump and reached 23%. More than 40...

The trade standoff between the United States and China, as well as rhetoric of Fed representatives, has spurred investors to increase share of defensive instruments in their portfolios. The total assets of exchange-traded gold funds exceeded 2.16 thousand tons, reaching a maximum value in five...