Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Nov 27, 2019

Central Banks Concern, China Slowdown, Chile Gamble: Eco Day

(Bloomberg) --

Good morning Americas. Here's the latest news and analysis from Bloomberg Economics to help get your day started:

  • Global central banks are approaching the end of the year with a collective shudder at the risky behavior that their low interest-rate policies are encouraging
  • Earliest-available indicators of China's economic performance point to a continued slowdown in November
  • President Donald Trump declared that talks with China on the first phase of a trade deal were near completion after negotiators from both sides spoke by phone
  • French consumer confidence rose unexpectedly in November to reach its highest level in over two years, indicating domestic resilience of the euro area's second-largest economy spurred by President Emmanuel Macron's fiscal stimulus
  • Chile is gambling its status as a pro-market poster child as the government scraps plans to cut debt in favor of at least $1.5 billion per year in additional social spending to appease protesters
  • Australia's AAA credit rating -- one of only 11 in the world -- would come under increased “downward pressure” if the government opted to deploy fiscal stimulus that changed the trajectory of the budget, S&P Global Ratings said

To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net

To contact the editors responsible for this story: Paul Gordon at pgordon6@bloomberg.net, Zoe Schneeweiss

©2019 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search