volatility from time to time amid the uncertainties of US-China trade policies and the eventual relationship between the UK and the EU, turbulence in emerging markets, and concerns over the US economic outlook

in agreement details. Thus, leaving the market once again anxious about another global recession to such a degree that the International Monetary Fund (IMF) lowered their GDP growth estimate for 2019

1.50 percent, though this was the first time in 22 meetings that the vote was split, prompting the market to be anxious that a policy rate hike may occur relatively soon. Meanwhile, US 10-year bond

markets went into a tailspin, whereas turbulence was seen in manufacturing, service and tourism sectors, which in turn dampened domestic spending sentiment. The situation adversely affected the government’s