gdp
Top StoriesPortugal’s Q3 Growth Accelerates With Consumption but Future Not Shining
Top StoriesCroatia, Heading to Enter Euro Zone, Adopts First Budget in Euros
Top StoriesSwiss GDP Growth Lags Expectations in Q3
FinanceWeekly Economic Update: Markets Shrug Off Chancellor’s Gloom
Indonesia in the Spotlight
Date: November 23, 2022
By Camellia Huang, Investment Analyst, Aubrey Capital Management Indonesia has proven to be an attractive investment proposition this year and now represents approximately 10% of our GEM portfolio. A key rationale for our positive view of this market is a major derating of our favoured businesses coupled with a macro tailwind. The economy has benefitted from...
Markets React Calmly, but Businesses and Investors May Have Been Hoping for More
Date: November 23, 2022
By Richard Godmon, tax partner at accountancy firm, Menzies LLP. In the face of worsening economic growth forecasts, Chancellor Jeremy Hunt’s Autumn Statement has ‘done the job’ by re-introducing a sense of stability, while still extending support to the most vulnerable and setting out a definitive plan for growth. Despite a calm, non-reaction from the markets,...
UK Recession: First In, Last Out?
Date: November 23, 2022
By Frédérique Carrier, Head of Investment Strategy in the British Isles and Asia at RBC Wealth Management The UK seems to be the first major economy to enter recession and could be the last to exit. We explore the reasons behind lackluster performance and conclude that despite an unpalatable economic scenario unfolding, investors can find opportunities....
Analysis-China’s Great Reopening May Come Too Late for Many Businesses
Date: November 22, 2022
by Casey Hall and Sophie Yu SHANGHAI (Reuters) – The culinary tourism business of Brian Bergey and his wife Ruixi Hu has persevered in China through three years of harsh COVID-19 restrictions. But just as excitement is mounting in global financial markets that the world’s second-largest economy may finally come out of isolation next year,...
Sterling Ticks up as UK Inflation Hits 41-year High
Date: November 16, 2022
LONDON Reuters) – Sterling rose against the U.S. dollar on Wednesday following UK inflation data that topped expectations and raised the chances of yet more interest rate hikes by the Bank of England (BoE). At 1010 GMT, the pound was up 0.51% at $1.1921, and down 0.28% versus the euro at 87.44 pence. Surging household...
Polish Inflation to Return to Target Range in 2025, Says Central Bank
Date: November 14, 2022
WARSAW (Reuters) – Inflation in Poland will not return to the National Bank of Poland’s (NBP) target range until the third quarter of 2025, its latest projections showed on Monday. The NBP left its main interest rate on hold this month, with Governor Adam Glapinski saying the bank wanted to return price growth to the...