Moody’s: Negative outlook for global sovereigns in 2017 as low growth, high debt limit policy options

The US-based credit ratings agency published their latest report on the global growth outlook, citing low growth, fiscal concerns and political risks as key reasons for negative outlook.
Key Points:

Outlook negative due to persistent low growth, fiscal concerns and political risks

Global growth to stabilize in 2017 as US and emerging market economies improve.

2017 global growth to rise around 3% and 2.6% in 2018

US economy f/cast to rise 2.2% in 2017 from 1.6% in 2016

Expect G20 emerging market growth to average about 5% in 2017 and 2018, up from estimated 4.4% in 2016

In Europe Moody's note lack of cohesion, risk of further fragmentation following Brexit among other events

Post Trump, Asian currencies hit the skids - AmpGFX

Greg Gibbs, Director at Amplifying Global FX Capital, suggests that the broad Trump message is anti-trade and anti-globalization, bring back manufactu
Baca selengkapnya Previous

EUR/USD initial resistance appears at 1.0850/1.0900 – Commerzbank

Technicals are now suggesting that occasional rallies in the pair should find the initial hurdle around 1.0850/1.0900, noted Karen Jones, Head of FICC
Baca selengkapnya Next