Global Economic Data
Data on China’s Manufacturing Growth will Likely show Further Slowdown in September
The Caixin Purchasing Managers’ Index for China’s manufacturing sector is expected to come in at 50.5 points for September, according to estimates by Reuters. That’s below August’s 50.6 points and the lowest reading since June 2017.
Fed Set to Raise Rates Again, other Central Banks Sound Ready to End the Easy Money, too
Fed Set to Raise Rates Again
✅ Draghi’s comments come ahead of the Fed’s two-day meeting and anticipated rate hike Wednesday, but they also come as the Bank of Japan sounds slightly less dovish and other central banks raise their interest rates.
Global Stocks Slip on Report China Calls off US Trade Talks – Gold Silver Reports
The U.S. and China officially began taxing larger amounts of each other’s goods Monday, and the Wall Street Journal reported that China pulled out of talks that could have led to a new round of negotiations to end the trade war. Global stocks took small losses Monday after China reportedly pulled out of trade talks with the U.S. Industrial companies and banks suffered some of the worst declines among American stocks.
UK Brexit Sec Raab: PM May’s Proposals Are The Only Credible Plan For Brexit – Gold Silver Reports
UK Brexit Sec Raab: PM May’s Proposals Are The Only Credible Plan For Brexit – Gold Silver Reports
New Zealand GDP to bounce back in Q2 but outlook weighed by weak business confidence
Economic growth in New Zealand has been decelerating since the middle of 2016 even before the general election of September 2017 that brought a Labour-led government into power.
China commerce minister says there is no winner in a trade war: RTRS
China commerce minister says U.S.’s unilateralism, protectionism will hurt global economy, does no good to any country: RTRS China commerce minister says cooperation between China and …