On the US – China agreement
World trade is hampered by measures taken by the White House. The agreement with China reflects a degraded situation compared to the period before the trade war. We are looking…
Philippe Waechter's blog
Brexit will take place on January 31
The British vote validates the choice of Brexit and the exit from the European Union on January 31, 2020. Boris Johnson is free to define his strategy. Boris Johnson’s huge…
Chinese Exports: an extended slowdown
The growth of the Chinese economy is constrained by the global economic cycle and can not find a relay through its internal demand.China will have to negotiate with the USA…
A very relevant column on the new stages of the trade war
This column, “The Case Is Only Growing for an Economic Forever War”, by Shawn Donnan, was posted on the Bloomberg website. President Donald Trump’s trade war with China has become…
What to expect this week? November 11 to 17, 2019
Highlights GDP growth for the third quarter in Germany (Nov.14) and the ZEW survey for November (Nov.12)The industrial contraction during the third quarter and the fragility seen on the services…
Monetary policy and growth. The world economy at November 4, 2019*
The Federal Reserve, or US central bank, cut back its key rate for the third time this year at its October meeting, after previous moves in July and September. The…
What to expect this week? November 4 to 10, 2019
Highlights The ISM global index (5) will be the major data this week. It is consistent with the GDP growth momentum and was particularly weak in September compared to what was…
What to expect this week: October 28 to November 3, 2019
Highlights The Fed’s meeting with a press conference and a press release on Wednesday. Two questions: are disagreements between FOMC members remain as high as in September ? Will the…