Blog posts tagged by tag: Major Economies
Predicting the future evolution of the UK’s key economic variables is fraught with uncertainty, and this is particularly true in the case of the pound, which has already been on a merry dance since the 2016 Brexit referendum.
With Theresa May’s withdrawal agreement floundering, the British parliament in the throes of the worst political crisis in decades and time running out fast, the outcome of the Brexit process is anyone’s guess. May’s deal? A Norway-style arrangement? No deal? Or even no-Brexit? All bets are off.
Following a sharp selloff in the immediate aftermath of the vote, the pound then clawed back some value. But in recent weeks, as the 29 March EU departure date looms ever larger in the rearview mirror with no political solution on the horizon, sterling has begun to sag—a process which is likely to continue in the coming months as markets grow more ever more jittery about the prospect of no deal.
FocusEconomics’ economist Christopher Thomas sat down with Benoit Durocher, a senior economist following Canada at Desjardins Group, in mid-November for a wide-ranging discussion about what might lie ahead for Canada’s economy in the New Year. Their conversation, presented below, has been condensed and edited for clarity.
Global growth is likely to strengthen this year but uncertainty over geopolitical issues across the globe, elections in various European countries, Brexit negotiations and Donald Trump as President of the United States, pose risks to growth. Have a look at what is expected for the developed economies & the emerging markets in 2017.
Click the image to open full-size infographic
Russia: Economy grows at strongest pace this year in Q3https://t.co/bFKTKwYPrk
11 hours ago
12 hours ago
Hong Kong's retail sales fell 26.2% in October, an all-time low, as the unstable political situation weighed heavil… https://t.co/axxnEToJ8B
13 hours ago
Israel: Exports and imports decline in November https://t.co/hTAFt8yqIB
15 hours ago
Romania: Industrial production contracts in October at sharpest rate in over one decade https://t.co/B7pBzXeAbA
15 hours ago
Get a sample report showing our regional, country and commodities data and analysis.