THE RISK of a global recession in the next 12 to 18 months is “awfully high”, according to Moody’s Analytics’ chief economist. Daily Express :: City and Business Feed
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Pound euro exchange rate: GBP/EUR eases despite Brexit recession fears being ‘put to bed’
The pound euro exchange rate eased today, with the pairing currently trading around €1.109 after the UK’s growth figure for August fell from 0.4 percent to 0.1 percent. John Hawksworth, the Chief Economist at PwC, said that today’s figures had “put to bed” fears for a recession in the third quarter of 2019, but urged caution, warning of a problematic ...
Read More »Pound euro exchange rate: GBP/EUR eases despite Brexit recession fears being ‘put to bed’
The pound euro exchange rate eased today, with the pairing currently trading around €1.109 after the UK’s growth figure for August fell from 0.4 percent to 0.1 percent. John Hawksworth, the Chief Economist at PwC, said that today’s figures had “put to bed” fears for a recession in the third quarter of 2019, but urged caution, warning of a problematic ...
Read More »Pound Euro exchange rate: GBP/EUR left flat as German economy in ‘midst of a recession’
This afternoon, the pound remains muted against the euro, with the pairing currently trading at around €1.121. The single currency was left flat against the pound today on further signs that the bloc’s largest economy is falling into a technical recession. Daily Express :: City and Business Feed
Read More »Global recession fears: £95BILLION wiped off FTSE hitting savers’ pension investments
THE FTSE 100 showed signs of recovery today but is still heading for its worst week in 20 months amid fears of economic slowdown and recession. Daily Express :: Finance Feed
Read More »Global recession fears: £95BILLION wiped off FTSE hitting savers’ pension investments
THE FTSE 100 showed signs of recovery today but is still heading for its worst week in 20 months amid fears of economic slowdown and recession. Daily Express :: City and Business Feed
Read More »Pound US Dollar exchange rate: Heightened risk of UK recession leaves GBP/USD flat
The pound was left flat against the US dollar with the pairing currently trading around $ 1.229. The UK economy seems to be tipping toward recession as companies brace for the risk of a no-deal exit from the European Union at the end of October. Daily Express :: City and Business Feed
Read More »TSX and Dow sell off sharply as global recession fears bubble up again
Stock markets just about everywhere sold off on Wednesday amid more signs that the global economy is getting worse and the U.S. government’s response will do little to help things. CBC | World News
Read More »Global trade to see weakest growth since Great Recession: WTO
Global trade is forecast to weaken this year to the slowest pace since the depths of the Great Recession due to the U.S.-China trade war. The World Trade Organization said Tuesday it expects volumes of traded goods to rise 1.2 per cent this year, far below the 2.6 per cent estimate it issued in April and the weakest since 2009. ...
Read More »Deutsche Bank: Central banks are OUT of ammunition if recession hits
FINANCIAL experts have warned central banks across the world are “out of ammunition” to combat a second global recession. Daily Express :: Finance Feed
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