A woman works at a textile factory in Xingtai in north China’s Hebei province in December. The IMF expects China’s economic growth to slow to 6.2 per cent in 2019. Photo: Xinhua
Opinion
Opinion
Macroscope
Why the emerging market rally may run out of steam despite a strong start to the year
- Nicholas Spiro says investors should pay attention to the slowdown in China’s economic growth, uncertainty over the outcome of trade negotiations and risks in US monetary policy before taking a bullish stance on developing economies
A woman works at a textile factory in Xingtai in north China’s Hebei province in December. The IMF expects China’s economic growth to slow to 6.2 per cent in 2019. Photo: Xinhua
Jerome Powell, chairman of the Federal Reserve, has said that he will be patient in increasing interest rates and it will depend on the evolving economic situation. Photo: Bloomberg
Forget the trade war; investors should focus on central banks, Bank of America strategist says
- World’s monetary base could contract by about 5 per cent by the end of this year
- Central banks’ quantitative easing could negatively affect asset prices, Ajay Kapur says
Topic |
China economy
Jerome Powell, chairman of the Federal Reserve, has said that he will be patient in increasing interest rates and it will depend on the evolving economic situation. Photo: Bloomberg