31st March 2019

Global Developments Bottomline: US and China wrapped up “constructive” trade talks in Beijing, according to US officials, and are scheduled to continue in the US this week; China’s People’s daily meanwhile published a commentary stating “we must have a ‘bottom line mindset’, and be prepared to not be able to reach a deal”. China will…

24th March 2019

Global Developments Bottomline: The US economy is already slowing, partly due to the fading of a major fiscal stimulus in 2018; the US-China economic war and recent economic indicators have led the Fed to revise down growth forecasts for the country. The latest PMI data have disappointed: trade tensions have left their mark on the…

17th March 2019

Global Developments Bottomline: In the US, there have been soft reports ranging from retail sales to housing alongside low levels of unemployment and rising wages; the Fed will likely hold interest rates steady at the meeting this week, also in line with Powell’s comments last week that the central bank does “not feel any hurry”…

3rd March 2019

3rd March 2019 Global Developments Bottomline: March is going to be a crucial month – need to wait and watch if the latest set of weak economic data released across the globe, dampened by the lack of a China-US deal, will change in the coming weeks; another upcoming deadline this month is Brexit. Reading the US GDP…