China’s Deputy Prime Minister Liu He travelled to Washington D.C. on Wednesday, the 8th of May, with the desire to continue the negotiations on the American-Chinese trade war.
Points of View & Perspectives
The output from several large oil-producing countries have either dropped or are at risk to decrease, which of course cause some pressure in the oil market.
The GDP growth in the Eurozone is dropping like a stone, therefore, the ECB will soon come-up with several monetary measures to help growth, but investors must believe that the medicine works.
It was announced that new factory orders in Germany dropped 4.2 pct. in February compared to January. It sounds like a pretty serious downward move, and it is, especially because economists initially expected a small increase of +0.3 pct. It has to be said, that it’s a month-on-month comparison which makes the swings more volatile, which is often the case …
In mid-February, China’s government announced the plan for the Greater Bay Area where Hong Kong also is included.
China is more exciting than usual these days. The party congress has approved a range of new stimulus initiatives that should prevent the GDP growth from dropping too much. Really interesting is the VAT and tax relief for corporations, where the financial market initially expected a total relief of around 1,400 billion yuan, but will turn out to be as …
It has been an ongoing discussion since last August as to when the US economy will enter a recession, though it seems it will take something big to knockout the world’s largest economy.
With fewer babies currently being born in China compared to earlier years, it is expected to affect demographic development in the long-run, but it will immediately impact the Chinese consumption pattern.
Dutch central bank governor Klaas Knot found himself amidst some media attention last Tuesday, the 12th February, as he went through a metamorphosis of being a monetary hawk to becoming a dove.
The German government started the year by lowering the expectations for the GDP growth this year to 1 pct. It comes after several economic organizations have corrected and lowered their expectations. However, 1 pct. is remarkable, as the German central bank has announced shortly before Christmas of a somewhat higher estimate and even predicted rising growth GDP growth rates this …