Markets review

Markets review

Economic News
2019年3月05日

Despite the fact there is almost a deal between the US and China, the Chinese economy continues to show a slowdown. Today the government in Beijing will provide a plan for further development of the economy; it is expected that military spending will be reduced and a tax cut of $298 billion will be produced.

Justin Trudeau lost one more minister from his cabinet, which somewhat weakens the position of the Prime Minister of Canada, who used to be very popular with voters. The departure of Jane Philpott from the Treasury Department causes reputational damage and may play a trick on the elections in October, since the economic indicators of the country currently demonstrate somewhat disappointing dynamics.

Theresa May will allocate over $2 billion for the development of the most deprived regions of Great Britain, and according to some opponents, such a move is a buy-in of the confidence of Labor Party representatives. Investors still have concerns about a UK exit from the EU without a deal, and the British pound has fallen for the fourth day in a row.

Marten Claes

Economic News

China Growth Slows, Dollar Rises

As China revised its forecasts down, a bunch of instruments were affected.

Anna Sneider
2019年3月05日

Economic News

US-China Deal Almost Ready

The two countries are making great progress to end the trade war.

Anna Sneider
2019年3月04日

Economic News

No Results from Summit in Vietnam

Trump and Kim Jong-un did not reach an agreement.

Anna Sneider
2019年2月28日