17th November

GLOBAL Developments Bottomline: Over the weekend, reports were out of a “constructive” high-level phone call between US-China trade negotiators, though no details were given about either the deal or its timing (same with the WH economic adviser’s statement about “getting close” to an agreement though “not done yet”). In Europe, Germany and UK posted positive…

10th November

GLOBAL Developments Bottomline: PMI releases dominated last week, underscoring slowing economic growth in Oct as well; growth of output and new orders weakened in the JP Morgan Global Composite PMI while employment fell for the first time since Feb 2010. Global concerns continue to centre around the still unresolved US-China trade uncertainty: with internal White…

3rd November

GLOBAL Developments Bottomline: A week of mixed news – the temporary trade truce seems to be in trouble following rhetoric from China while in the UK, Brexit uncertainty drags on with elections coming up (again). Jobs growth in the US and China’s PMI numbers provided relief towards the end of the week which saw weak…