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…
Philippe Waechter's blog
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…
What to expect this week: October 21 to 27, 2019
Highlights The ECB meeting (October 24) will be the most important event of the week.During last meeting, the ECB adopted a very accommodative monetary policy stance. This led to important discussions…
Brexit after the deal
The Brexit deal takes all its flavor by looking at the situation in Northern Ireland. It will be in the United Kingdom and the single market. The UK will therefore…