Trading news

Global economy weakens amid China's slowdown

Global economic growth is under threat, especially the worldwide banking system, in the scenario where China's slowdown resumes further, Raghuram Rajan, India's central bank governor warned.

Rajan's statement came after his speech at the South Asian Association for Regional Cooperation (SAARC) meeting.

Global banking system under threat

The banking system might face severe financial damages, as well as exposed to weaknesses that arise from bad loans in the banking sector. China's growth depends also on other economies that face significant risks too.

Moreover, Raghuram Rajan stated that the Chinese economy could place strong downside pressures to other nations unless measures and actions are taken to resolve the current condition.

Read More

Thursday, 26 May, 2016 / 8:32

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.argusfx.com/en/research-education/market-analysis/news/global-economy-weakens-amid-china-s-slowdown

Trading news

 

AETOS Market Commentary 23/04/2019

  EURUSD The Euro closed higher on Monday, closing at 1.1259(+15 pips) [...]

Posted on Tuesday, 23 Apr, 2019 / 8:23 under

US Ends Waivers on Iranian Oil, Spotlight Turns to Australia’s CPIs

Oil prices surged yesterday, following reports that the US was ready to end [...]

Posted on Tuesday, 23 Apr, 2019 / 7:53 under

ATFX Market Update - 2019.04.23

ATFX-A Global Leader in Online Trading ATFX Market Outlook, 2019 April 23 [...]

Posted on Tuesday, 23 Apr, 2019 / 7:02 under