The positive reaction to the agreement between the USA and China on not further escalating the trade conflict for the time being was only short-lived. Risky assets remain under pressure. A number of factors continue to burden the markets.
The People’s Republic of China is one of the winners of globalisation – but the strong economic growth has also created asymmetries within the Chinese economy. Read more about how the “Made in China 2025”-strategy will help and what role the new silk road plays.
A number of important leading indicators point to a gradual slowdown in the global real economic growth. How will it continue to develop? Read about it in the November yield radar.
In the current environment of global uncertainties in emerging markets due to idiosyncratic events in Turkey and Argentina, the trade conflict between the USA and China and with regard to the presidential election, late September was probably one of the most exciting times to visit Brazil. Find out more in our latest blog entry.
At the kick-off for the World Cup finals on 14 June, Russia will move to the public limelight for four weeks. Time for a closer look at the Russian economy and equity market.
No, this is not an article on football, and any football reference is purely coincidental. This is an article on the football nation whose economy is (finally) showing positive trends and has (finally) been awarded a one-notch rating upgrade by two rating agencies, S&P and Fitch, this year. Only one notch away from the much-desired investment grade rating, the Croatian economy remains on sound footing before tackling its last challenge.
The announcement by the US President, Donald Trump, to levy import tariffs on steel (25%) and aluminium (10%) has made waves. Can the favourable economic environment be toppled an will we see a trade war between the US and the EU?
The economic environment for Italy remains challenging. The fundamental problem is the low economic growth. Although the composition of the future government is still unclear, the party programs imply a persistent reform deadlock.
The BBVA Latin American Local Markets Conference in London gave Christian Gaier, senior fund manager of government bonds of emerging markets, the chance to talk to local Latin American representatives. In our blog he shares some of the insights he gained and the narratives that may affect 2018.
Equity indices have undergone a global correction in the past days. The Dow Jones index has shed more than 10% from its January high. What is the macro-economic reason for the correction?