Global Economic Outlook: Commodity Decline Effects
It's back to the the New Normal following last week's global market black swan, with the only remaining vestages of that glitch in the matrix being elevated levels of investor fear. OPEC expresses concern about the state of its oily cash cow and the Reserve Bank of Australia discovers that the dark cloud of deterioration in China has a silver lining. 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 31 August. New Zealand ANZ Business Confidence (actual:....
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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....
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....
Market expectations of a December Fed rates hike are running high (at the time of writing the US Dollar Index had just breached 100 points). The question about why there is a need for higher interest rates is missing from the market and media discourse, so today's Global Economic Outlook considers the reasons for this central bank action. 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 23 November. US Fed Announcement. Tue 24 November. US Prelim GDP q/q....
The US Federal Reserve confirmed market expectations by raising interest rates with 25 basis points. Today's Global Economic Outlook considers an investment strategy for the new higher-rates world economy. 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. Wed 16 December. USD FOMC Economic Projections. USD FOMC Statement. USD Federal Funds Rate (actual: 0.35% expected:<0.50% previous:<0.25%). USD FOMC Press Conference. Making The News. The Federal Reserve....
Over the last two days, Bloomberg Intelligence commodity analyst Mike McGlone published the firm’s commodity and crypto outlook reports, and McGlone’s latest analysis details that the price of gold could resume its rally after a foundation similar to 1999 is constructed. Moreover, as far as bitcoin and ethereum are concerned, the analyst argues that the two leading crypto assets will “outperform most major assets” when the “economic tide turns.”
Commodity Strategist Mike McGlone: ‘We See Risks Tilting Toward an Elongated Deflationary....