May 2, 2016IMF worries about downside risks in GCC but recovery in oil helps to reduce concerns Opportunities amidst challenges-- A silver lining for SME growth in the GCC...
Tag: Federal Reserve
May 1, 2016Blake Goud
FAST FINANCELast week, volatility rose again when on Friday, US Federal Reserve chairwoman Janet Yellen reiterated that rates would likely rise before the end of 2015 despite its earlier delay on emerging market growth concerns. While developed markets are seeing some slowing growth as a result of Chinese economic worries ...
September 28, 2015Blake Goud
Fast FinanceThe US Federal Reserve will not raise interest rates, at least yet. Following the Fed’s announcement on Thursday, the dollar fell against many currencies (including MENASEA regional currencies that have been hammered as of late). To the extent that the Fed’s concern for Emerging Market turmoil allows it to ...
September 20, 2015Blake Goud
FAST FINANCE We thank everyone who attended the Global Ethical Finance Forum (GEFF) in Edinburgh, Scotland last week. One of the audience polls taken during a session at GEFF found that 82% of delegates believed that it was always important for investors to incorporate their morals and values in the financial ...
September 7, 2015Blake Goud
FAST FINANCE The impact of commodity price, currencies and the Shanghai market’s volatility finally spills into developed countries’ equity markets but the effect was short-lived as NY Federal Reserve President William Dudley said a rate hike was ‘less compelling’ now than several weeks ago. Dudley’s remarks were followed later in ...
August 31, 2015Blake Goud
FAST FINANCE The surprise announcement that China would allow the renimbi to depreciate by 4.4%, thrust currencies into the spotlight. The term ‘currency war’ is back since it was popularized in 2010 by Brazil’s former finance minister Guido Mantega. Now, the competitive devaluations are spreading across the MENASEA region raising the ...
August 23, 2015Blake Goud