Final hours! Save up to 50% OFF InvestingProCLAIM SALE

Global Soft Landing, Trump Attacks Fed, Goldman on 2020: Eco Day

Published 2019-04-14, 07:52 p/m
© Reuters.  Global Soft Landing, Trump Attacks Fed, Goldman on 2020: Eco Day
GS
-
GE
-

(Bloomberg) -- Welcome to Monday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help get your day started:

  • Global finance chiefs ended talks in Washington mixing concern toward the current state of the world economy with confidence that it will soon rebound
  • China’s economy will draw the eyes of investors this week amid hope that its expansion has stabilized
  • President Donald Trump, renewing his attack on the Federal Reserve, claimed the stock market would be “5000 to 10,000” points higher if not for the central bank. ECB chief Mario Draghi took the rare step of weighing in on the debate over Fed independence
  • Trump enjoys a “narrow advantage” over rival candidates heading into the 2020 election given the outlook for the U.S. economy, Goldman Sachs (NYSE:GS) analysts say
  • U.S.-China relations will continue to evolve as negotiations stretch over decades, but a resolution to the current trade dispute will come in the “not too distant future,” General Electric (NYSE:GE) CEO Larry Culp said
  • The Swiss National Bank could reduce its already ultra-low interest rates again if the situation warrants, President Thomas Jordan said
  • Dubai’s $108 billion economy is still eking out growth, but distress is increasingly felt far beyond its bellwether property industry, as these five charts show
  • Argentina’s wine industry is riding out the country’s recession on a rise in tourism and exports stemming from a cheaper currency that put its world-class products at bargain prices

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.