This study endeavors to explore the shock-transmission mechanism between Trade Policy Uncertainty (TPU) and the volatility inherent in the Gulf Cooperation Council (GCC) Islamic stock markets by employing the novel Quantile Vector Auto Regression (QVAR) with "Extended Joint" and "Frequency"...

The capital markets are sensitive to geopolitical events. It is important to provide evidence of reactions to specific geopolitical events in order to identify general patterns and effective risk management strategies. This study follows the event study approach to assess the reactions of...

US President Donald Trump has recently announced that tariffs on US imports from Canada and Mexico will take effect on March 4, 2025. This policy brief shows that the US tariffs would have a large impact on the North American neighbors. In the event of retaliation, all sectors of the economy...