Global News

  • Market Impact Of EU-China Comprehensive Investment Agreement

    Over the past several decades, China's international financial influence has expanded multifold. Featuring massive domestic consumption of US$6 trillion for 2020, a renowned export sector and dynamic "dual-circulation" strategy, China has evolved into a prominent global economic force. However, for a majority of the world's investment capital, the Chinese markets remain heavily restricted. With the late-2020 signing of the EU-China Comprehensive Agreement on Investment (CAI), China's isolationist policies are beginning…

  • 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…

  • 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 Does A Recession Impact Interest Rates?

    During periods of economic expansion and contraction, interest rates are key components of the prevailing dynamic. They either directly or indirectly impact many facets of lending, business development and consumption. Accordingly, central banking authorities such as the United States Federal Reserve (FED), Reserve Bank of Australia (RBA) and European Central Bank (ECB) are tasked with regulating interest rates, thereby promoting pricing stability. Interest Rate Valuations An interest rate is the…

  • Are Eskom’s Troubles Impacting The South African Economy?

    Eskom is a 100% state-owned electricity company that provides energy to greater South Africa (SA). Featuring 30 power plants and a nominal generating capacity of 44,172 megawatts (MW), Eskom services 6.2 million direct customers.. Given its massive size and government-sponsored status, the utility conglomerate is the backbone of South Africa's energy infrastructure. Unfortunately for the country's economy, Eskom has fallen on hard times. Widespread corruption, rising operational costs and staggering…

  • A Guide To COVID-19 Stimulus Packages

    In response to the COVID-19 pandemic and ensuing economic chaos, governments and central banks around the world have created and rolled out dozens of financial rescue and economic stimulus plans to shield individuals and businesses affected by the lockdown in response to the coronavirus pandemic. Below, you can find links to our guides covering major countries' responses to the pandemic, both by the governments and their central banks. We will…

  • How COVID-19 Pandemic Caused A Global Recession

    What Is A Recession? When a country's economy grows, its citizens benefit as the value of services and goods increases—namely the gross domestic product (GDP). By contrast, when a country faces a period of economic decline there is a marked reduction of trade and industrial production. When this happens across two quarters, the overall GDP declines, and the economy is said to be in a recession. History Of Global Recessions…

  • Financial Impact Of 2020 Olympics Delay

    The early 2020 onset of the coronavirus (COVID-19) pandemic posed a collection of unique financial and societal challenges. Extreme pricing volatility struck nearly every asset class including currencies, commodities and equities. Travel restrictions and prolonged quarantines made conducting business-as-usual impossible. For a majority of the world's citizens, everyday life was altered in ways unimaginable only a few months earlier. This included one of the world's time-honoured traditions, the 2020 Summer…

  • 5 Ways Coronavirus Pandemic’s Impact Differs From Financial Crisis

    Since the novel coronavirus (COVID-19) became a global pandemic, it has had a significant impact on both the economy and financial markets. Some have likened the fallout to the Global Financial Crisis of 2008. However, there are some important differences between the two, which we'll explore in this article. 1. The 2008 Financial Crisis Caused Great Confusion When the Global Financial Crisis took place, many people had little understanding of…

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