After rising towards new all-time highs at the start of last week, US equity markets closed in the red, with the S&P 500 experiencing its largest drop since May (-2.4%), and the Dow its worst week since April (-2.9%). The Russell 2000 which includes...

  On Sunday, in the quaint village of Turnberry on Scotland's west coast, a trade deal between the EU and the US was finalized, ahead of the August 1 deadline. After months of back-and-forth negotiations, US President Donald Trump and European Commission President Ursula von...

  Trade was again the hot topic last week, with President Trump stating that letters would be sent to more than 150 countries notifying them that their tariff rates could be 10 or 15%. He clarified that this group will be composed of smaller countries...

Written 14 July   The US administration did not meet its self-imposed target of striking “90 trade deals in 90 days”. With the July 9 deadline now in the rearview mirror, only the UK, China and Vietnam have some form of a deal. August 1...

  Last week, the House of Representatives granted final approval to President Trump’s widely debated tax and spending legislation, titled the “One Big Beautiful Bill Act”. The bill extends tax cuts from Trump's first term in office, while also cutting Medicaid funding and clean energy...