HSBC Predicts Difficult Path for Chinese Economy
The Chinese economy has a long way to go, during which it is necessary to overcome steep hill.
Economic Forecast - page 5
China’s Exports Show Growth
China’s exports, according to the results of November, showed growth for the first time since April this year.
Moody’s Changes China Credit Outlook to Negative
Moody’s Investors Service has changed the forecast for Chinese sovereign bonds, lowering the corresponding indicator to negative.
Gold Prices Hit Record High, 2024 Anticipations Are Bullish
Spot gold prices rose to a new record high, expected to remain above $2,000 levels next year, as investors are looking for safe-haven assets.
Bitcoin Surges to $41K Amind Crypto Market Growth
On Monday morning, Bitcoin exceeded $41,000 for the first time in 19 months, as the crypto market grows on ETF expectations and bets on dovish Fed.
McKinsey Says About Absence of Signs of Recovery in Consumer Activity in China
Experts from the international consulting company McKinsey said that in the foreseeable future, Chinese consumers do not intend to spend large amounts of money on buying goods, which is why local companies should focus more on strategic planning within their business concepts to master the market, which remains huge, despite various problems.
China’s Manufacturing Activity Shrinks
In November, China recorded a decrease in the level of activity in the manufacturing sector and sphere of services.
JPMorgan Chase CEO Warns of Recession Risk
JPMorgan Chase CEO Jamie Dimon last Wednesday, November 29, during a speech at the New York Times DealBook 2023 summit in New York, said that the likelihood of a recession in the United States cannot be ruled out.
Bank of England Governor Resists UK Rate Cuts for Foreseeable Future
Bank of England Governor Andrew Bailey, suggests that a reduction in interest rates in the foreseeable future is an unlikely prospect, warning that the second half of the process of countering inflation in the United Kingdom will be hard work.
Jeremy Hunt Says About Downgrade of UK Growth Forecast
The chancellor of the exchequer Jeremy Hunt announced a deterioration in the forecast of economic growth in the UK.
Goldman Sachs Expects Indian Businesses to Increase Investment
Goldman Sachs Group Inc. expects that the Indian business sector will increase investment volumes.
Bank of America CEO Believes in Optimistic Prospects for US Economy
Brian Moynihan, CEO of Bank of America, positively assesses the prospects for the dynamic of the economic system of the United States and characterizes as affirmative possibilities of the financial institution headed by him for the development.
Bank of Japan Governor Signals Low Probability of Ending Negative Rate in 2023
The governor of the Bank of Japan, Kazuo Ueda, hinted at an extremely low level of probability that by the end of this year, politicians will have data providing them with a reason sufficient to announce the end of the period of negative interest rates.
Bank of England Warns of Zero Growth in British Economy Until 2025
The Bank of England has warned that the economy of the United Kingdom is highly likely to continue to show zero growth until 2025 against the background of high-interest rates or even a continued increase in this indicator.
AllianzGI Taiwan Predicts Growth of Chipmakers’ Earnings
There is a possibility that the Taiwanese stock indices will begin to show a positive dynamic of recovery next year, despite the unfavorable state of affairs in the geopolitical space and concerns related to the possible aggravation of the situation in this environment.
Confidence in India’s Economy Grows
The economy of India has become an example when a bulky system with at the same time impressive power begins to move extremely slowly, but after the process of its development is launched, it cannot be ignored.
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