THE FED’S SYMPOSIUM AND THE REPUBLICAN’S CONVENTION IN THE LIMELIGHT There was a striking decoupling between European and US PMIs in August. The IHS Markit Composite PMI rose to 54.7 (from…
read moreFED MINUTES AND GEOPOLITICS TO PULL FOCUS Although a week has passed, it is still unclear whether President Trump’s executive orders on jobless benefits and reducing the payroll tax will…
read moreThe global economic diary is packed for the week, which should help further assess the economic damage in 2Q20 and will, hopefully, shed some light on the pace and sustainability of the economic recovery. And with that, the start of the third quarter saw global economic activity stabilise and creep back into growth territory…
read moreWith an eventful past week with a Fed meeting, Q2 GDP releases and President Trump’s unexpected out-of-the-box ideas, the week ahead is going to be just as packed and intense
read moreTHE FED MEETING, GEOPOLITICS AND THE PANDEMIC TO SHAPE GLOBAL INVESTOR SENTIMENT Global macro data suggest that economic activity could have bottomed out in 2Q20. World trade data (released by the…
read moreCHINA’S GDP GROWTH REBOUNDS IN SECOND QUARTER Gross domestic product in China bounced back in Q2, with the economy growing 3.2% YoY. This followed the 6.8% decline in Q1 and…
read moreRELATIONS WANE BETWEEN EAST & WEST It’s clear that international relations with current tensions in the East have worsened in recent weeks, with western democracies demonstrating a more unified response. Being…
read moreSTRONGER HEADLINES, BUT WEAKER UNDERLYING JOBS NUMBERS IN THE U.S. The US jobs report for June was stronger than market expectations, as non-farm payrolls indicated that the economy added 4.8…
read moreA PACKED ECONOMIC DIARY TO SHAPE GLOBAL MARKET SENTIMENT The coronavirus pandemic triggered an unprecedented decline in the world trade volume, which declined 16.2% YoY in April, according to the…
read moreINVESTORS TO FOCUS ON PMIs AND CENTRAL BANKS THIS WEEK The latest macro data in the US revealed that the sharp decline in economic activity stopped and to some extent reversed…
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