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global economy

Slowing Germany drags down Europe’s economy as U.S. tops expectations – National

by Joseph Addison
Slowing Germany drags down Europe’s economy as U.S. tops expectations – National

Europe’s economy saw modest growth in the April-June quarter even as the U.S. outperformed expectations, highlighting a persistent transatlantic growth gap. Germany, the leading European economy, remained in the dumps …

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Fed rate cut: Fed rate cut not likely next week, but possible in September: Peter Cardillo

by Tudur Aled
Fed rate cut: Fed rate cut not likely next week, but possible in September: Peter Cardillo

Peter Cardillo of Spartan Capital Securities LLC, says there is a very good possibility that with the weakness coming out of the Chinese economy, which will eventually hurt the global …

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market correction: Tough to sustain GDP growth above 7.5%; time-wise correction in market likely: Neelkanth Mishra

by Tudur Aled
market correction: Tough to sustain GDP growth above 7.5%; time-wise correction in market likely: Neelkanth Mishra

Neelkanth Mishra, Chief Economist, Axis Bank & Head of Global Research, Axis Capital, says there is a big gap between demand and supply and if we can get urban infrastructure …

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investment strategies: India best emerging market story; haven’t ever seen valuations and fundamentals so attractive: Mihir Vora

by Tudur Aled
investment strategies: India best emerging market story; haven’t ever seen valuations and fundamentals so attractive: Mihir Vora

“On the other side, the liquidity flow from the domestics continues relentlessly and we are amongst the few markets where the broader markets are doing so well,” says Mihir Vora, …

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MPC: We don’t expect rate cut in 2024 unless growth or inflation surprises on downside: Tanvee Gupta Jain

by Tudur Aled
MPC: We don’t expect rate cut in 2024 unless growth or inflation surprises on downside: Tanvee Gupta Jain

“I would say most of the forecast will be retained. A lot of focus will be on the upcoming budget and the policy henceforth rather than expecting really meaningful on …

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Global debt hit record US$97T last year, 30% owed by developing nations: UN – National

by Joseph Addison
Global debt hit record UST last year, 30% owed by developing nations: UN – National

Global public debt rose to a record US$97 trillion last year, the United Nations reported Tuesday, with developing countries owing roughly one-third of that — crimping their ability to pay …

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Gold prices back in limelight after mild correction

by Tudur Aled
Gold prices back in limelight after mild correction

Spot gold tested a new lifetime high last week due to a combination of factors that have converged to propel the demand for the yellow metal. Multiple catalysts like US …

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economic growth: Robust govt capex, improvement in business confidence to push growth: Official

by Tudur Aled
economic growth: Robust govt capex, improvement in business confidence to push growth: Official

Robust capital expenditure by the government and improvement in business confidence will push the country’s economic growth in 2024-25, an official said on Tuesday. Chief Economic Adviser in the Ministry …

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IMF head projects slightly stronger global growth in 2024 and warns of potential long-term pitfalls

by Tudur Aled
IMF head projects slightly stronger global growth in 2024 and warns of potential long-term pitfalls

Washington: Strong economic activity in the United States and emerging markets is projected to help drive global growth by about 3% this year, the International Monetary Fund’s chief said Thursday, …

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Global trade growth to rebound this year; geopolitical tensions pose downside risks: WTO forecast

by Tudur Aled
Global trade growth to rebound this year; geopolitical tensions pose downside risks: WTO forecast

New Delhi: The global trade growth is expected to pick up gradually this year after a contraction in 2023 but regional conflicts, geopolitical tensions and economic policy uncertainty pose substantial …

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