Stock market quotes, forex, financial news, forex tools – money-investing.com

Nomura predicts a slowdown in the global economy

 Breaking News
  • Trump and Xi Jinping came to an agreement! According to the reports from Xinhua, US President Trump and China’s President Xi Jinping have agreed on additional tariffs from the United States. During the G-20 summit in Argentina, the...
  • Qatar leaves OPEC on 1, January Next year Qatar will leave OPEC. The Minister of Energy of the Middle Eastern state said that the country was not going to fulfill any obligations when the clock chimed...
  • Brent rose by 5% to $ 62.5 On Monday, the price of the major benchmark crudes is growing due to the news from the main supplier countries. February contracts of Brent have risen by 5% to $...
  • Fiat invests in the national auto industry An automaker Fiat is going to invest 5 billion Euros in the improvement of the production in Italy. It is planned to absorb investments in the next four years. The...
  • General Motors will cut staff and close several plants An auto giant General Motors is going to cut about 15% of its employees and a quarter of the management team. These changes apply only to the United States. Thus,...
Nomura predicts a slowdown in the global economy
November 15
16:00 2018

Nomura, a reputable Japanese financial company, predicted the global economy a slight decrease in growth over the next 2-3 years.

In the future, the growth of the gross product will be 3.7%. In 2020, it will rise by 3.5%. At the end of this year, global GDP will increase by 3.9%.

Separately, experts mentioned the United States, where the growth would fall to 2.9%, the next year- to 2.4%, and in 2020- to 1.7%.

Factors that will affect the US economy in such a negative way are changing the Fed’s policy, restricting trade supplies as well as reducing financial incentives.

According to the analysts of Nomura, there won’t be a large deterioration. There are no obvious signs of economy overheating of the main countries.

 

The material was prepared with the participation of Katya Gordon,
a leading analyst of the brokerage company CT Trade

Related Articles

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment