|09 August, 2018

Opinion: Bitcoin slump, Islamic finance, Trump's tariffs war, Bahrain outlook and China's steel

A roundup of some of the commentary from this week's Zawya Opinion section

Bitcoin tumbles below $6500
“Cryptocurrencies could receive a solid boost and end up becoming the main talking point across financial markets if the SEC approves a bitcoin ETF in September” - Lukman Otunuga, research analyst at FXTM. (Read more here).

Iron ore and steel: China prepares for winter
“The impact on steel production and iron ore consumption could be much bigger than last year” - Carsten Menke, commodity analyst at Bank Julius Baer. (Read more here).

The role of Islamic finance in China's new Silk Road
“The United Arab Emirates is one country that is seeking to bring together Islamic finance and the Belt & Road Initiative” - Mustafa Adil, head of Islamic Finance at Thomson Reuters. (Read more here).


Is Trump truly winning the trade war?
“In my opinion, a large portion of the tariffs will be paid by U.S. consumers” - Hussein Al Sayed, chief market strategist for the Gulf and Middle East region, FXTM. (Read more here).

Zawya Markets Weekly Q&A
"I don't think many people realise that Bahrain's economy has actually outperformed most of its peers across the GCC in recent years" - Jean-Paul Pigat, founder of Lighthouse Research. (Read more here).

Read all our recent Opinion columns here.

Any opinions expressed here are the author’s own.

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.