IMF slashed their 2018 growth outlook - Rabobank

Analysts at Danske Bank note that the IMF has already slashed their 2018 growth outlook, with global GDP set for 3.7% y-o-y, the same as in 2017, but down from 3.9% in July, due to trade war (apparently so terrible it takes things back to where we were last year growth-wise).

Key Quotes

“Also worth noting is that Greece is seen growing faster than the US, again due to trade war, and that Venezuelan inflation is seen at 10,000,000% y-o-y.”

Deteriorating diplomatic relations between China and the US – Danske Bank

Analysts at Danske Bank note that there are signals of deteriorating diplomatic relations between China and the US following US Secretary of State Mic
Leia mais Previous

German IW Economics Institute: A hard-Brexit scenario would hurt German automakers the most

According to finding by the German Economic Institute (IW), a hard-Brexit scenario could mean more than €3 billion in tariffs per year for companies i
Leia mais Next