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
Recent national accounts data has revealed markedly divergent fortunes for two of ASEAN’s largest economies. Singap… https://t.co/Ta1REiiaX5
10 hours ago
Italy's 2022 draft budget was recently approved, and now it will be sent to the European Commission. The reports s… https://t.co/Isn2QobjNc
14 hours ago
Japan's new PM will lead his party into general elections this week, but what does it mean for the economy? Stephen… https://t.co/3llZCcxjwd
1 day ago
In our latest survey, analysts upgraded their 2022 inflation forecasts by 0.8 percentage points compared to the pri… https://t.co/iFasFWkrQ5
1 day ago
Activity in Mexico is set to bounce back in 2021 as a strong U.S. economy aids remittances and exports, although a… https://t.co/SLA1SyPFCH
2 days ago
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