Category: Weekly Summary

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Market Summary 13/12/18

Market Summary Cong Minh Nyugen 13th December 2018   The US’s favourable labour market condition and falling import prices put upward pressure on the interest rate: On Thursday, the Labour Department stated a decrease in the number of Americans applying for unemployment benefit to the 49-year-low at the same time when import prices plunges the …

Market Summary 4/12/18

Shrey Srivastava 4th December 2018   Trump eases on China China’s currency the renminbi has seen its biggest two day rise in more than 10 years as US President Donald Trump has signalled his intentions to reduce the pace of tariff increases on certain key materials and products coming in from China[1].   Boost for …

Market Summary 28/11/18

Wenqian Zeng 28th November 2018   Falling prices of Bitcoin After trading of a peak of $19,000 in December 2017, Bitcoin’s trading price has now plumeted to just $4,600, a drastic fall of nearly 70% this year1 .This likely indicates the end of Bitcoin, as many investors lose confidence in the cryto currency.   Judging …

Market Summary 21/11/18

Wenqian Zeng 21st November 2018   Brexit: May shall return to Brussels This weekend, Theresa May will head to Brussels for another Brexit negotiation. The UK and Brussels have already drafted the terms of UK’s exit from EU, however a deal must be written between UK and EU in time for Sunday’s summit of European …