Chinese President Xi Jinping on Globalization
Chinese President Xi Jinping promoted global business in his speech on Tuesday, and earnestly appealed to global elites to reject the idea of a trade war.
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Sterling Soars: Best Trading day for Pound since 2008
For the first-time since Britain voted for Brexit, British Prime Minister Theresa May took the stage to address the approach Britain will take to exiting the European Union.
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May’s not ‘half in half out’
Today, British Prime Minister Theresa May is due to deliver a speech regarding Brexit. It’s touching on seven months since Britain voted to leave the European Union, this will be the first-time May will take the stage to tell the world what kind of approach she will take to exiting the European Union.
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Pound Plunges
The pound plunged over the weekend, hitting a low of $1.198. Reports that Theresa May’s speech will reveal plans to leave the European Union’s single market are circulating. May is prioritising Britain’s boarders over access to tariff-free trade with the European Union.
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Energies Ignite
Crude Oil inventories rose on Wednesday by 4.1 million barrels from the previous week. Unhinged by the news, the price of oil increased, up about 4% since the news broke.
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What’s with Wheat?
The most popular crop in the world, wheat, is currently experiencing a decline in demand. Following four straight seasons of record high harvest, prices are at their lowest in nearly a decade.
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