Morgan Stanley outlines ‘bull’ and ‘bear’ scenarios for Chinese economy
Investing.com– China’s economy shows resilience but faces potential challenges due to limited policy support and external headwinds, according to Morgan Stanley (NYSE:MS) analysts. While recent export and consumption figures provide reasons for optimism, underlying concerns over fiscal and housing
UK economy barely returned to growth in November; monthly GDP rose 0.1%
Investing.com – The UK economy returned to growth in November, after the contraction seen in the prior month, but economic activity in the fourth quarter remains subdued, piling the pressure on the Bank of England to ease monetary policy further
Trump Treasury pick Bessent faces Senate grilling on taxes, trade, deficits
By David Lawder WASHINGTON (Reuters) – President-elect Donald Trump’s pick for Treasury secretary, hedge fund manager Scott Bessent, vowed to maintain the dollar’s status as the world’s reserve currency as he prepared to face questions from U.S. senators on Thursday on
Morning bid: Brief relief for markets after tame US inflation
A look at the day ahead in European and global markets from Ankur Banerjee Global stocks and non-dollar currencies found some respite from their inflation-related anxieties, buoyed by a strong start to the earnings season and a softish U.S. core inflation
Bank of Korea governor says resolving political turmoil key for economy
SEOUL (Reuters) – South Korea’s central bank governor said on Thursday that the most important factor determining the health of Asia’s fourth-largest economy in the next few months was whether recent political turmoil would stabilise. “Previously, the biggest variable was