A breakthrough in the commercial dispute
Global markets are awaiting the results of this latest round of US-China negotiations this week, in light of expectations that a deal may be reached soon, amid concerns that progress will be made in simple matters such as the trade deficit, without clear signs of core issues such as protection. Intellectual property, especially in the digital, electronic and market access areas.
China, which is awaiting this week the industrial PMI data and its impact on the value of the local currency, has agreed to purchase goods worth $ 1.2 trillion from the United States in the context of the current negotiations to resolve the trade dispute between the two countries.
As the United States prepares for Federal Reserve Chairman Jerome Powell's testimony about economic prospects and recent monetary policy measures before the Joint Economic Committee in Washington, DC, during which he can explain the causes of market volatility during that period. >
Last week, the US Federal Reserve minutes emphasized the strength of the labor market in the United States and therefore the possibility of raising interest rates. In the event of an increase decision being applied, lending operations will be negatively affected, which will harm the investment in the home sector, as companies await with concern this The week the Building Remarks Index in America.
Core durable goods orders fell last December. Will the data released on Wednesday reveal an increase or stagnation in manufacturing activity in the United States? What is the impact of this on the volume of GDP in the last quarter?
On the other hand, cautious optimism prevails among the analysts about the US GDP during the last quarter of 2018, despite strong employment data and tax cuts, and output growth during the third quarter of 3.5%, except for the intensification of trade protectionism and interest rates, and conflict Trade with China and the pressure it exerts on commodity exports makes it difficult to maintain this momentum this year.
On the political level, this week President Trump holds important events that will cast a shadow on the economic side, as the House of Representatives will vote on ending the state of emergency to build the separation wall between the United States and Mexico. Federation in the 2016 American elections.
For the second time, Trump will meet North Korean leader Kim Jong-un in Vietnam over two days 27 and 28 February, after their first meeting eight months ago when they agreed to fully nuclear disarmament from the Korean Peninsula, and the summit will discuss The new is also the possibility of lifting economic sanctions on Pyongyang and improving relations between the two countries, which will have a major role in improving global political and economic performance.
Eurozone and Brexit Node
Concerning Britain, ambiguity continues to surround the issue of separation from the European Union, with the agreement between London and Brussels reaching a dead end, and the likelihood ...
