Goldman Sachs cuts odds of a U.S. recession in the next year

2023-07-18 08:28:00 Skyline of lower Manhattan and One World Trade Center in New York City and the Water’s Soul sculpture on July 11, 2023, in Jersey City, New Jersey. (Photo by Gary Hershorn/Getty Images) Gary Hershorn | Corbis News | Getty Images Goldman Sachs revised down the odds of a U.S. recession happening in the … Read more

Global economies are out of sync; 2024 will be a ‘year of contraction’

2023-06-27 12:34:13 Hong Kong observation wheel, and the Hong Kong and Shanghai Bank, HSBC building, Victoria harbor, Hong Kong, China. Ucg | Universal Images Group | Getty Images The U.S. will enter a downturn in the fourth quarter, followed by a “year of contraction and a European recession in 2024,” according to HSBC Asset Management. … Read more

Thai baht market conditions: closed at 33.96, depreciating by region. Next Monday, expect election results-GDP

2023-05-12 10:34:52 A money manager from Bank of Ayudhya revealed that the baht closed this evening at 33.96 baht / dollar, depreciating from the morning market opening at 33.88 baht / dollar. This evening, the baht depreciated from the morning. The baht depreciated against the dollar. in line with other currencies in the region due … Read more

A recession is coming — and equity markets may incur some pain, strategist says

2023-04-21 11:57:34 The latest U.S. economic data suggests a recession is coming, according to the chief executive of financial advisory firm Longview Economics, and investors may need to prepare for some pain in the stock market. Speaking to CNBC’s “Squawk Box Europe” on Friday, Chris Watling said he believed a recession was on its way, … Read more

IMF says U.S-China tensions could cost the world about 2% of its output

WASHINGTON D.C., UNITED STATES – DECEMBER 26: The International Monetary Fund (IMF) building is seen in Washington D.C., United States on December 26, 2022. (Photo by Celal Gunes/Anadolu Agency via Getty Images) Anadolu Agency | Anadolu Agency | Getty Images The International Monetary Fund said in a Wednesday report that global tensions could disrupt overseas … Read more

Connecting the global economy and the Thai economy: Perspectives through the Mega Trend

After that, it began to develop.industryEmphasis on labor due to wage advantages The industry focuses on machinery and technology, respectively. These industries are especially linked to the export sector.manufacturing industrythat has spread to many areas in Thailand The major change isEastern Seaboard Area Development Project such as the establishmentLaem Chabang Industrial Estate, Chonburi established in … Read more

How China’s shifting growth picture could hit global markets

A shopping mall in Qingzhou, Shandong province, broadcasts the opening ceremony of China’s National People’s Congress on Sunday, March 5, 2023. Future Publishing | Future Publishing | Getty Images China’s economy will be forced to recalibrate because of a “fractured” global order, and the new drivers of growth will “disappoint” global markets, according to David … Read more

OECD says global economic outlook ‘slightly better’ for 2023

People shop near prices displayed in a supermarket on February 13, 2023 in Los Angeles, California. Mario Tama | Getty Images News | Getty Images OECD Secretary-General Mathias Cormann said the global economic outlook is “slightly brighter” this year but inflation challenges remain. “The outlook for the world is slightly brighter at the beginning of … Read more