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…
Philippe Waechter's blog
Large US trade imbalance and the Fed's tightening
The US external trade is weakening rapidly. Its deficit has never been so important (measured in real terms and ex oil trade). Imports have a strong momentum. It reflects the…
The US proposal to UK for a trade agreement
The UK government has jumped on the trade agreement proposal made by the US Président-Elect. But what for? The bilateral trade balance is a surplus for the UK as is…