Dirhams & Dollars

It’s groundhog day in the news cycle; US President Donald Trump tweets about the economy, and inevitably, everyone goes up in arms. This week, the focus is on currencies, especially the US dollar, which Trump thinks is too strong. Meanwhile, US Treasury Secretary Steven Mnuchin is in Buenos Aires for the G20 finance ministers meeting discussing free trade. We discuss, as always, trade issues and Mnuchin’s visit. Lastly, we recap Chinese President Xi Jinping’s visit to the UAE, which just wrapped up a day ago. We discuss the main deals that were signed, and why the visit by the head of the world’s second largest economy was rather underwhelming.