A one dollar bill floating in water by Wirestock via iStock Amidst a rather turbulent week for the markets, the dollar index (DXY00) saw a slight decline of -0.01% by Friday. The modest losses were largely due to US consumer prices in January rising less than anticipated, sparking speculation on potential interest rate cuts by […]
Gulfood announces expansion into Africa with Gulfood360 Africa/Kenya, debuting in Nairobi, 4–6 May 2027. This marks Kenya as Africa’s central entry to global food and agribusiness markets. Announced at Gulfood 2026 in Dubai, Kenya’s role is underscored by the Kenya–UAE Comprehensive Economic Partnership Agreement (CEPA). This initiative is set to boost trade flows, attract investments, […]
Here is what you need to know on Thursday, February 12: The US recently unveiled a rather robust Nonfarm Payrolls report for January, adding 130K jobs. This promising start to the year saw the Unemployment Rate dip to 4.3%, while Average Hourly Earnings remained steady at a 3.7% increase over the past year. Meanwhile, the […]
It’s rather intriguing how the “K-shaped” economy is making its presence felt among U.S. consumers, especially regarding their tax refunds. With the extension of the 2017 tax cuts through the “big, beautiful bill” act, spearheaded by Republican backing and signed by President Trump in July 2025, the higher-income households are likely to fare better in […]
It seems China has been keeping its promises regarding the trade agreement made with President Trump, according to Treasury Secretary Scott Bessent. He’s quite optimistic about “very strong economic growth” by 2026. The White House revealed a comprehensive trade deal with China back in November. The agreement has China purchasing more American goods, among other […]
Economic uncertainty influences investment choices. When confidence wavers over the next year or two, investors prioritise durability over potential gains. They prefer assets they can grasp, manage, and utilise, regardless of market fluctuations. This inclination drives attention towards tangible assets like precious metals, real estate, and revenue-generating equipment. why tangible assets appeal to investors Tangible […]
The US Dollar (USD) displayed minimal movement this week, as markets evaluated President Trump’s nomination of Kevin Warsh as the next Fed Chair and the resolution of the partial US government shutdown, which delayed employment and inflation data to the following week. Fortunately, the shutdown concluded on Wednesday, when President Trump signed a funding bill. […]
US stocks continued their descent on Wednesday as Wall Street digested another round of earnings and anxiously awaited Alphabet’s results amidst fears of an AI-induced downturn in software and tech shares. The S&P 500 experienced a 0.2% drop, while the Nasdaq Composite fell over 1%, prolonging the previous day’s setbacks. Conversely, the Dow Jones Industrial […]
In the final days of his reign, Venezuela’s controversial leader, Nicolás Maduro, took to national television. He pledged that by 2026, Venezuela would diversify its economy away from its traditional oil dependency. Yet, within mere days, a dramatic U.S. intervention had displaced him. As a result, Venezuela continued its oil-centric trajectory, a path so entrenched […]
Sure thing! Here’s a rewritten version in the requested style: markdown In what promises to be a truly remarkable gathering, the Summit is poised to unite over 6,250 participants from across the globe. Attendees will include more than 60 heads of state and government, together with their deputies. Additionally, over 500 ministers and representatives from […]
