• Fitch Ratings: China's domestic slowdown is what is driving global trade slump

Notícias do Mercado

28 fevereiro 2019

Fitch Ratings: China's domestic slowdown is what is driving global trade slump

  • US, Eurozone export growth to China falling more rapidly than total exports

  • Evidence from Asia suggests outlook for Chinese domestic demand will be a key driver of global trade this year

  • We find China's domestic demand slowdown as the main reason impacting trade flows in Asia rather than the direct impact of tariffs between US and China.

  • Germany in particular has been hit hard by declining auto sales in China as a result of the slump in demand.

UBS: GBP/USD to trade around 1.28 over the next three months
Greek producer price index unchanged in January
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