Global Markets

The economy of a nation is the engine that drives prosperity and creates wealth for that country and its citizens. A nation's utilization of its available resources and manpower has a great influence upon its overall economic prowess. Factors such as governmental structure, access to valuable commodities, size and sophistication of the labor force, and relations with trade partners are all key components of achieving economic stability. Governmental politics play a crucial role in the resolution of many issues facing a nation. The potential impact upon international markets of U.S. President-elect Trump's economic policies, tensions between Russia and NATO, and…

Popular Topics

  • How Do World Events Impact The South African Rand (ZAR)?

    As an exotic currency, the South African rand (ZAR) has been historically sensitive to world events. One of the primary reasons behind the rand's responsiveness is the lack of consistent market depth. When compared to the global majors and minors, the ZAR typically exhibits a much smaller daily traded volume. According to the Bank of International Settlements (BIS) Triennial Survey 2019, the South African rand accounts for 1% of total…

  • How Will Biden’s Environmental Policies Impact The Energy Markets?

    The U.S. presidential election of 2020 was a hotly-contested battle between two candidates with very different ideologies. Among the key areas of contrast were views toward climate change and energy production. Accordingly, the electoral cycle was defined by conflicting policies from pro-energy incumbent President of the United States (POTUS) Donald Trump and environment-friendly challenger Joe Biden. Upon Biden securing a 306 to 232 victory in the Electoral College, U.S policies…

  • COVID-19 Pandemic’s Impact On Global Unemployment Rates

    The novel coronavirus (COVID-19) pandemic of 2020 proved to be a challenging period for the global economy. Unprecedented regional lockdowns, travel restrictions and mass quarantines prompted a historic downturn. Although some regions were harder hit than others, the common denominator was a rapid spike in unemployment. For heavily afflicted areas, a dramatic uptick in unemployment can have severe consequences. Traditional economic theory suggests that growing unemployment represents a downturn in…

  • How Will A COVID-19 Vaccine Impact The Markets?

    Following the early 2020 onset of the coronavirus (COVID-19) pandemic, the global population eagerly awaited a vaccine capable of combating the virus. Although developing such products typically takes years, policymakers world-wide committed to rapidly creating a COVID-19 countermeasure. Over the course of the process, the financial markets reacted to approvals, setbacks and expectations posed by a potential coronavirus inoculation. Impact Of COVID-19 On Growth Projections Traditional financial theory tells us…

  • How Would A Joe Biden Victory Impact The Markets?

    Throughout the U.S. electoral cycle of 2020, a collection of unique events drove a spirited race for the White House. Dubbed by political pundits as "the most important election of our time," Election 2020 featured incumbent Republican Donald Trump against Democratic challenger Joe Biden. Issues such as social welfare, homeland security, economic growth and the coronavirus (COVID-19) pandemic defined the contest. From an economic standpoint, the difference between Trump and…

  • Australian COVID-19 Stimulus Package And Government Response

    The government and the Reserve Bank of Australia, like their counterparts in other major countries, have enacted several measures to protect and stimulate their economies in the wake of the coronavirus pandemic. Reserve Bank And Banking System On 3 March the Reserve Bank's board lowered its benchmark cash rate, which is the interest rate on unsecured overnight loans between banks, by 25 basis points to 0.50% and said it "is…

  • New Zealand COVID-19 Stimulus Package And Government Response

    Reserve Bank of New Zealand On 16 March the Reserve Bank of New Zealand (RBNZ), the country's central bank, lowered its Official Cash Rate from 1.0% to 0.25% and said it would remain at that level "for at least the next 12 months." The RBNZ announced that it would delay by 12 months the start date of increased capital requirements for banks until 1 July 2021, and said it would…

  • European Union COVID-19 Stimulus Package And Government Response

    COVID Stimulus Package Guide: Eurozone Since March 2020, the European Central Bank (ECB) and the European Union have announced several major economic stimulus programmes and policy measures to protect businesses, consumers and institutions in the eurozone from the effects of the coronavirus. The ECB and the EU, in particular, are more limited in what they can do compared to sovereign countries, such as the U.S. and U.K. and their own…

  • Canada COVID-19 Stimulus Package And Government Response

    Canadian Government On 13 March the government announced the creation of a CA$10 billion Business Credit Availability Program (BCAP) to support financing in the private sector through the Business Development Bank of Canada (BDC) and Export Development Canada (EDC). Under this program, BDC and EDC will increase their cooperation with private sector lenders to coordinate financing and credit insurance solutions for Canadian businesses. The government also announced a series of…

  • U.K. COVID-19 Stimulus Package And Government Response

    United Kingdom Government Since March 2020, the government of the United Kingdom and the country's central bank, the Bank of England, have announced several major economic stimulus programs and policy measures to protect British businesses, consumers and institutions from the effects of the coronavirus. The government's support is mainly focused on supporting businesses and individuals through subsidized and government-guaranteed loan programs, outright grants, and tax and payment holidays. Coronavirus Business…

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