Moody's: Global economic growth may slow down in 2020

Moody's confirmed that the global economic growth may suffer from slowdown in 2020, and has returned those expectations based on uncertainty

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French unemployment to lowest levels for 11 years

French unemployment dropped unexpectedly at the end of last year to its lowest level for 11 years, boosting the economic front for the president Emmanuel Macron.

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RBA Governor: Economic outlook improved significantly

RBA Governor Philip Lowe emphasized that economic prospects have improved greatly in recent times

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Powell may be upbeat when testifying before Congress

Federal Reserve Chairman Jerome Powell is likely to appear somewhat optimistic about the future of US economic growth when he testifies today and tomorrow in his first twice-yearly updates to Congress

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Fed member: If Coronavirus situation get worse, would think about impact on US economy

US Fed Member Harker has indicated that they might start studying the impact of the Coronavirus for US economy if the situation gets wor

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Chinese inflation better than expected

Chinese producer prices index rose in January by 0.1% on yearly basis, as official data showed today. this consider the first pick since May 2019.

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The Week Ahead: Powell testifies to Congress, Coronavirus uncertainty, RBNZ to signal patience and Germany’s recession fears

Main Points

• Fed Chair Powell’s testimony to Congress will focus heavily on the coronavirus, the “new risk” to the economic outlook.

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Oil rises more than 3% after news about founding effective drug for Coronavirus

Oil prices rises by more than 3% today in light of press reports that scientists have developed a drug

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