- Chinese glimmers of hope according to Sentix
Notícias do Mercado
Chinese glimmers of hope according to Sentix
-
The outcome of the Brexit referendum in the UK has no further impact on the sentix Economic expectations. The headline index for the euro zone rebounds to +4.2 points.
-
The Chinese economy gains momentum and leads global recovery. Current situation and expectation values both increase.
-
The remaining world regions post improvements in the current situation values as well. The US economy remains pleasantly robust as the current situation value strengthens. The economy in Latin America and Eastern Europe continue to stabilise.
Economic expectations are no longer negatively affected by the Brexit fallout. The sentix Economic Index improves moderately to +4.2 points. Positive growth impulses of the Chinese economy are accountable for the latest upswing, however. The European economy merely contributes to the confidence built up. The index for Asia ex. Japan jumps from +8.2 to +14.1 points. The latest round of yuan depreciation against the US Dollar and the Japanese Yen seems to act as a stimulant.
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer