Special Report

Team Preparation

A group of economic decisions and data raised a lot of concern in the global financial markets, and after the negative numbers issued by China last week, investors fear the effects of the stagnation of the Asian giant's growth and other joint events this week.

War hits Beijing's exports

China revealed the largest decline in exports in three years, by about 21%, while it witnessed a decrease in imports for the third month in a row, by nearly 5%. Beijing also reduced its growth forecasts from 6.6% last year to between 6 and 6.5% in 2019.

On the other hand, there are signs of a major default crisis that Chinese companies are awaiting after increasing their debts, which will raise the levels of defaults and defaults in the bond market to record levels, along with government moves to reduce the liquidity crisis. < / o: p>

Thus, the global economy will witness a major debt crisis, especially since the global debt rate reached 318% of the gross domestic product of countries in the third quarter of 2018.

European and caution policy

Against the backdrop of signs of weaker Chinese data and a weaker European economic performance, the Organization for Economic Co-operation and Development cut its global growth forecast to 3.3%.

The slowdown in growth in the European Central Area has prompted a cautious monetary policy and the exclusion of interest rate hikes, and the launch of new, long-term, low-cost financing for banks.

The European Central Bank also lowered its forecasts for economic growth and inflation for the current year and 2020, with increased risks for the region's economy.

This will cast a shadow on European stocks and their decline in light of weak German factory orders, and it will highlight the reality of the region and its institutional and structural defects.

May versus Parliament

In the European context as well, the British Parliament is scheduled to vote on the exit deal from the Eurozone on March 12, after the recent difficult talks that did not result in any agreement between the two parties.

Previously, British Prime Minister Theresa May warned not to leave the European Union if Parliament rejected the deal, and therefore continued uncertainty about the Brexit would affect domestic product data, trade balance, and the expected annual budget statement this week.

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