Home / Business / Week before: Trade War Back with a vengeance to Jackson Hole

Week before: Trade War Back with a vengeance to Jackson Hole



The escalating trade war is not long in coming
chew on the outcome of the Wyoming Central Bankers Weekend Meeting and
World leader in France.

On Friday, the US and China moved further away from an agreement
Settle disputes as China introduces plans for new levies and president
Donald Trump answered.

The fight against the fact thwarted the hopes of investors that
President Donald Trump will grant a kind of reprieve before September
1 Deadline for customs duties on Chinese goods worth approximately $ 110 billion.

Here is our weekly overview of other major economic events and events
Click here for more information from Bloomberg Economics:

US and Canadian officials

US Federal Reserve officials can take time out afterward
spend the weekend at their annual confab in Jackson Hole, Wyoming, at the
Chairman Jerome Powell made room for a renewed interest rate cut in September.

Data on durable goods will be released on Monday
Highlights of the week include consumer confidence reports on Tuesday and
the latest snapshot of gross domestic product for the second quarter on Thursday and
Humor at the University of Michigan on Friday.

Thursday's trading data will convey a sense of internationality
Trade in the middle of the commercial war.

In Canada, GDP figures for the second quarter are on Friday.
Emagazine.credit-suisse.com/app/art…1007 & lang = DE This should tell you how quickly the Bank of Canada is following the global trend in Canada
monetary easing.

Europe, Middle East and Africa

Germany faces a possible recession on Monday
the publication of the latest ifo survey, which gives an insight into the
current thinking of german executives. The median of the forecasts, compiled by
Bloomberg estimates the business climate will drop from 95.7 to 95. The
The next day, the government breaks up production data for the second quarter.

Economic climate and euro area inflation data at the end
the week is expected to stay lukewarm. Hungary is expected to leave
Interest rates unchanged on Tuesday.

Israel's central bank could hold its key interest rate on Wednesday,
but could signal plans to cut into more than four for the first time
Years as upheaval rock are already curbing low inflation.

Botswana is likely to keep its benchmark on Thursday
after inflation began to recover from a record low in April. Zambia's inflation
Thursday's news could support the central bank's forecast that interest rates will rise
remain largely above its target range of 6% to 8% over the next two years,
Strengthen the case to continue to resist the global trend and tighten policy.

Asia

India's central bank will meet on Monday. On the
Agenda: A decision on what the final dividend should be to the government
after having already made an interim payment of 280 billion rupees. India's GDP
Friday's report could lead to further easing.

After cutting interest rates in July, the Bank of Korea will do so
Meet again on Friday to set monetary policy. And on the data front of China
industrial payrolls on Tuesday and a factory purchasing managers index up
Saturday is being watched closely to see how the industry is doing

Hong Kong is expected to have trade and retail data in July
The economy is still affected by the trade war and local protests.

Latin America

Argentina remains in the limelight of investors
The October elections are approaching in the face of fears that President Alberto will be in the lead
Fernandez will try to restructure the country's debt. Brazil can narrowly avoid
This year's recession, but data for the second quarter due on Thursday are likely to show
The largest economy in Latin America has continued to falter after the first contract
Quarter.

The same day the Mexican Central Bank will publish a protocol
the recent monetary policy meeting, at which interest rate cuts were first adopted
Time in five years. The account is due along with a quarterly inflation report
Wednesday will help investors assess how much lower rates are possible in Mexico.

    

        
    

    
    


Source link