Global Economic Outlook: Markets Hold Their Breath
European stocks declined and the euro made an early drop as the outcome of the Greek referendum and their rejection of austerity had investors flee to the traditional safe havens of US Treasuries, German bunds and the Japanese yen. Following an "equities bailout" by the Peoples' Bank of China the Shanghai Composite index lifted after the past few weeks' $3.2 trillion sell-off. This post is powered by the Bitcoin Trading Network xbt.social - CCN29 and get 29USD off! In the Calendar This Week. The spotlight falls on this week's Euro Summit, tomorrow 7 July, where politicians and finance....
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The head of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the global economic outlook “has darkened significantly,” emphasizing that, regarding a global recession, “we cannot rule it out.”
IMF Says Global Economic Outlook ‘Has Darkened Significantly’
Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), discussed the global economic outlook and the prospect of a global recession in an interview with Reuters Wednesday.
Commenting on the global economy, the IMF....
The IMF has forecast economic growth to slow from 6.1% last year to 3.2% in 2022, which some believe will have negative consequences for crypto. Investors are warning of further volatility in the digital asset markets as the International Monetary Fund (IMF) forecasts a slowdown in global economic growth.The IMF’s July update on the World Economic Outlook titled “Gloomy and More Uncertain” points to “higher-than-expected inflation,” and a contraction of global output as indicators of incoming poor economic growth. The report states in succinct terms that there are likely economic slowdowns....
Market turmoil has intensified in February, and many analysts are predicting that the Fed may make a U-turn on their rates hike decision. In the flight to safety, Gold has extended its rally while Bitcoin looks to be going to ground. This week’s edition of Global Economic Outlook looks at the gold, bitcoin and US dollar charts. Gold has been in a long-term bear market since 2011 when it struck a top just below $2,000/oz. An advance from its December 2015 low, was cynically regarded as just another upward correction prior to additional decline, but surprisingly gold just kept going. Bitcoin....
The New Normal continues as markets tentatively rebound from the mid-year shake-up. Investors remain on the lookout for profit and the mainstream media dubs August market declines as 'buying opportunities'. The global slowdown grinds down a gear as Asian production slumps again and emerging markets begin showing signs of market instability. This post is powered by the Bitcoin Trading Network xbt.social - CCN29 and get 29USD off! Economic Indicators. World Indexes and Forex Rates. Commodities. In the Calendar This Week. Mon 7 September. China Foreign Currency Reserves (previous: 532B). Tue....
Markets started the year with a bang to the downside. Equities, Oil and Bitcoin have all surprised in the opening weeks and the big dipper ride looks to intensify with even the mainstream media predicting gloom. We survey the global economic landscape and suggest practical advice for financial survival. It used to be the domain of ZeroHedge’s band of Tyler Durdens and other uber-bear bloggers, but now even the mainstream media is peddling doomsday porn. Our primary message is to remain calm and unphased by the hype. Let’s examine the issues and determine exactly what we can – and should –....