Let’s check out what is brewing in the global market?

US exporting inflation

The dollar saw a sharp rise last week and was capped to a 1 % rise. Most of the global market trade is denominated in dollars. Thus the rise creates problems for the rest of the global market. The downside is that a strong dollar creates weaker currencies in other countries.The aftermath of the pandemic and global supply shortage combined with the US consumer strength, facilities US in a sense that they are exporting inflation to the rest of the world. 

International investors avoiding China

International investors seems to be getting disinterested in China and mentions reasons to avoid China outweigh incentives to buy. They have cited the uncertain regulatory regime to Covid-19 policies, the real estate problem and everything else between them. With this money managers have been turning away from China. Regulators in China are attempting to stem protests which have caused massive boycotts from buyers. These buyers are still waiting for their housing to be completed. Although shares in major developers increased in the wake of the intervention, there’s still q lot to be covered by the sector in terms of this year’s loss. 

Euro-area on the brink of a downfall

European Central Bank is facing a hard time trying to restore its credibility with financial markets. When on one hand Russia is trying to escalate the energy crisis with inflation already at records, on the other hand political chaos is brewing in Italy. In such a Scenario the European Central Bank is ready to raise interest this week at long last. Only 16% out of 792 responders in the latest MLIV Pulse survey thinks that Europe will manage to dodge an economic downturn over the next six months. 41% of responders on the other hand see a debt crisis over the next six months. 69% better that the single currency will slide to $ 0.9 rather than clawing back to $ 1.1

Readers like you help support The Tech Outlook. When you make a purchase using links on our site, we may earn an affiliate commission. We cannot guarantee the Product information shown is 100% accurate and we advise you to check the product listing on the original manufacturer website. Thetechoutlook is not responsible for price changes carried out by retailers. The discounted price or deal mentioned in this item was available at the time of writing and may be subject to time restrictions and/or limited unit availability. Amazon and the Amazon logo are trademarks of Amazon.com, Inc. or its affiliates Read More


This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More