ECB Policy

Euro Awaits Dovish Draghi! In a fiat currency era – currency exchange systems are classified in three categories. A Fixed currency system like AED, Managed floating system like Rupee and Free-floating system like USD, EUR, JPY etc. Theoretically, in a free floating system, Central bank does not intervene in foreign exchange markets and currency fluctuates…

Trade war US v/s China

Trump says he’s ‘ready’ to put tariffs on all $505 billion of Chinese goods imported to the US* President Donald Trump has indicated he is willing to put tariffs on all $505 billion of Chinese goods the U.S. imports. The rhetoric marks ramps up the U.S-China trade war another step, though each country has issued…

China retaliates on US Tarrifs

*China announces retaliatory tariffs on $34 billion worth of US goods, including agriculture products* In a quick response to U.S. tariffs, Beijing announced on Friday its own duties on American products, including agriculture products and automobiles. On Friday, the United States Trade Representative said the U.S. will initially impose an additional 25 percent tariff on…