The World’s $100 Trillion Fiscal Timebomb Keeps Ticking (19.10.2024)
Even before global finance chiefs fly into Washington over the next few days, they’ve been urged in advance by the International Monetary Fund to tighten their belts.
#dieWIRTSCHAFTSPRAXIS-VW.THINKTANK I STATUS.QUO Q2/2025
Chinese Banks Slash Lending Rates to Bolster Ailing Economy (21.10.2024)
Chinese banks cut their benchmark lending rates after easing by the central bank at the end of September, part of a series of measures aimed at reviving economic growth and halting a housing market slump.
World Economy Fault Lines Shift From Prices to Politics and Debt (20.10.2024)
The global economy is heading toward year end with unexpected tailwinds as slowing inflation clears a path for an unlikely soft landing. But while the economics side of the equation is looking up, political hurdles lie ahead.
Gold (XAUUSD) Hits Record as Mideast, US Election Drives Haven Demand (21.10.2024)
Gold reached a record on Monday, with safe haven demand continuing to support prices as traders monitored escalating tensions in the Middle East and the increasingly tight US election race.
BMW, Mercedes and Volkswagen (BMW, MBG, VOW) EVs Struggle to Compete in China (14.10.2024)
After falling behind on tech trends, German carmakers are scrambling to recover in their biggest and most lucrative market.
Traders Put Half-Point ECB Rate Cut in Play as Economy Teeters (17.10.2024)
Traders are adding to bets that the European Central Bank will need a bumper interest-rate cut in December after policymakers flagged risks to growth as they lowered borrowing costs on Thursday.
EUR USD: Euro Parity Threat Returns on Talk of Trump Tariffs and ECB Cuts (18.10.2024)
The risk of the euro sliding to parity with the dollar is mounting in financial markets after this week’s interest-rate cut and a stark reminder that a Donald Trump presidency could spark a global trade war.
WIFO zu nächster Regierung: Felbermayr fordert „klare Reformagenda“ (20.10.2024)
Die Konjunktur ist schwach, das Budgetdefizit steigt, auf die nächste Bundesregierung kommt die eher undankbare Aufgabe zu, den Staatshaushalt zu sanieren. Diese Aufgabe sei sehr dringend, so der Leiter des Wirtschaftsforschungsinstituts (WIFO), Gabriel Felbermayr, am Sonntag in der ORF-„Pressestunde“. Es brauche eine klare Reformagenda, „Tabus“ dürfe es keine geben.
US-Immigration since COVID I BLOOMBERG I 19.10.2024
China Moves to Support Markets After Data Showing Economy Slowed (17.10.2024)
China’s central bank moved to support markets just as data showed the economy expanding the least in six quarters, signaling the government’s intent to continue a stimulus push to draw a line under the slowdown.
Markets Take Charge With ECB in Catch-Up Mode Over Rate-Cut Bets (17.10.2024)
The European Central Bank’s third interest-rate cut offers traders some assurance — they can probably keep trusting their instincts for now with bets that a flurry of further moves is on the way.
ECB Officials See December Cut Very Likely With 2% Goal Nearer (17.10.2024)
European Central Bank officials reckon another interest-rate cut in December is highly likely, with inflation to settle at 2% faster than envisaged, according to people familiar with the matter.
Market Is Wrong About Synchronized ECB, Fed Cuts, El-Erian Says (17.10.2024)
Investors are mispricing the prospect that the European Central Bank will lower interest rates as much as the Federal Reserve, according to Mohamed El-Erian, the president of Queens’ College, Cambridge.
EU Readies US Trade Targets If Election Brings Trump Tariffs (15.10.2024)
The European Union has prepared a list of American goods it could target with tariffs if former President Donald Trump wins the US election and follows through on his threat to hit the bloc with punitive trade measures.
Inflation rate hit 2.4% in September, topping expectations; jobless claims highest since August 2023 (10.10.2024)
The consumer price index was expected to show a 0.1% increase in September and a 2.3% gain from a year ago, according to Dow Jones consensus estimates.
EZB PRESS-RELEASE I Pressekonferenz I 17.10.2024 (ENG)
Die Europäische Zentralbank (EZB) ist die Zentralbank der Mitgliedstaaten der Europäischen Union, die den Euro eingeführt haben. Unsere vorrangige Aufgabe ist es, Preisstabilität im Euroraum zu gewährleisten und so die Kaufkraft der gemeinsamen Währung zu erhalten.
ECB Governing Council Press Conference - 17 October 2024
HINWEIS: VIDEOAUSSCHNITTE ZUR ZINSENTSCHEIDUNG/-PROGNOSE
1. Frage: Wie geht es weiter, Inflation sinkt schneller als im September 24 gedacht. Einfluss von D. Trump auf geldpolitische Entscheidung der EZB? I 24:35/28:05
2. Frage: Soft-Landing für EURO-Zone möglich? Mehr Sorgen um Wirtschaft, als Inflation? I
38:50
3. Frage: Überrascht über EURO-Zonen 1,7% Inflation? I 46:20
EZB-Zinsentscheid I 17. Oktober 2024 I Notizen MES.pdf
EZB PRESS-RELEASE I Geldpolitische Beschlüsse I 17.10.2024
Die Europäische Zentralbank (EZB) ist die Zentralbank der Mitgliedstaaten der Europäischen Union, die den Euro eingeführt haben. Unsere vorrangige Aufgabe ist es, Preisstabilität im Euroraum zu gewährleisten und so die Kaufkraft der gemeinsamen Währung zu erhalten.
Fed’s Bostic Says US Employment and Growth to Stay Robust (17.10.2024)
Federal Reserve Bank of Atlanta President Raphael Bostic said he expects the US economy to slow this year but to remain robust, adding that the downward path for inflation could see some bumps.
China to Boost Support for Unfinished Properties to $562 Billion (17.10.2024)
China’s pledge to nearly double the loan quota for unfinished residential projects to 4 trillion yuan ($562 billion) fell short of market expectations, causing property shares to retreat as investors looked for stronger policies.
China’s Economy Likely Grew at Weakest Pace in Six Quarters (17.10.2024)
China’s economy likely grew at its weakest pace in six quarters, prompting Beijing to roll out a swath of stimulus measures in late September to draw a line under the slowdown.
ECB Cuts Rates for Third Time to Prop Up Weakening Economy (17.10.2024)
The European Central Bank lowered interest rates for the third time this year as a hastier retreat in inflation allows it to offer support to the region’s stuttering economy.
An economics Nobel for work on why nations succeed and fail
Daron Acemoglu, Simon Johnson and James Robinson tackled the most important question of all
Trump’s trillion-dollar tax cuts are spiralling out of control
His zany promises would blow up the deficit
Germany’s economy goes from bad to worse
Things may look brighter next year, but the relief will be short-lived
Electric-Car Brand BYD Leads Race to Make Cheap EVs, Despite Tariffs (16.10.2024)
The Chinese company is flooding markets with its cars—while the US is doing everything it can to keep the booming brand out.
Deutsche Bank Sees Dollar Up in Trump Sweep, Down in Harris One (16.10.2024)
The US dollar will get a major boost if Donald Trump wins the US presidential election and a Republican sweep gives his party control of Congress, according to Deutsche Bank.
Chinese Stocks Slide Into Correction as Stimulus Hopes Wane (17.10.2024)
Chinese stocks slumped into a correction after another much-anticipated policy briefing failed to deliver the kind of pro-growth stimulus that investors had been hoping for.
Lagarde Calls on Europe to Use Economics Challenges as Push for Change (16.10.2024)
Europe should use the challenges posed by an increasingly fragmented world order and geopolitical conflicts as an opportunity to strengthen the foundations of its domestic market, according to European Central Bank President Christine Lagarde.