Fullerton Markets points out that many central banks have
Jan 3, 2024 3:32:33 GMT
Post by account_disabled on Jan 3, 2024 3:32:33 GMT
Fullerton Markets International Assessing the world economy Many central banks have announced interest rate cuts. Signaling a major economic crisis in 10 - 12 years, the US-China trade war. It will continue for another year, so investors are advised to keep a close eye on the economy. Ready to keep an eye on the timing of China's revenge. In the case of a trade war with the United States Bangkok ASEAN Tour 2019 has successfully passed, a business and investment seminar organized by Fullerton Markets International, a global financial services group. This time we were honored by Mario Singh, CEO of Fullerton Markets International. came together to forecast the economy in the second half of the year, saying, "The current economic situation is beginning to signal a crisis. From studying past crises, starting from the Energy Crisis in 1975, Back Monday in 1987, the Asian Financial Crisis in 1997, and the Subprime Crisis in 2008, we found that There is a gap of 10-12 years between each event, which corresponds to this period."
"Considering the current situation from around the world, It was found that Country Email List important signs of the crisis had begun to emerge. The central banks in many countries have begun to have policies to reduce interest rates. To reduce the incentive for consumers to save money. and increase incentives for borrowing for investment or business expansion. This reflects efforts to stimulate the economy, such as the European Central Bank recently signaling its intention to cut interest rates. It may be within September. and began purchasing a new round of assets this year. India, which cut interest rates to the lowest in 9 years, Australia, which cut interest rates to a record low of 1%, Korea, which cut interest rates for the first time in 3 years, Turkey, which cut interest rates the biggest in 17 years. Singapore's economy grew less than 0.1% year-on-year in the second quarter, the lowest in 10 years, and the Fed is likely to cut interest rates at this week's FOMC announcement.
Mario said while Jimmy Su, Head of Strategic Planning, Fullerton Markets International also join in making market forecasts for the first time in a year for Thailand, ASEAN and other countries around the world, stating that they must keep an eye on the trade war continuously. Because there is a chance that there will be big fluctuations. The protracted period can be viewed in two cases. The first case is before the US presidential election. which cannot see any conclusions at this time The uncertainty is in fact Donald Trump just wants China to cooperate with the United States in doing big business with China. Because in the past, China has a policy to support the small and medium-sized business sector in the country to grow. It creates strength for the domestic economy. which China has a large economy It is the main competitor of the United States. Case 2: After the United States presidential election. which is still uncertain and unable to judge Over the next 12 months, countries will continue to be affected by the uncertainty of the trade war. This leads to fluctuations in trade and currency values in many countries.
"Considering the current situation from around the world, It was found that Country Email List important signs of the crisis had begun to emerge. The central banks in many countries have begun to have policies to reduce interest rates. To reduce the incentive for consumers to save money. and increase incentives for borrowing for investment or business expansion. This reflects efforts to stimulate the economy, such as the European Central Bank recently signaling its intention to cut interest rates. It may be within September. and began purchasing a new round of assets this year. India, which cut interest rates to the lowest in 9 years, Australia, which cut interest rates to a record low of 1%, Korea, which cut interest rates for the first time in 3 years, Turkey, which cut interest rates the biggest in 17 years. Singapore's economy grew less than 0.1% year-on-year in the second quarter, the lowest in 10 years, and the Fed is likely to cut interest rates at this week's FOMC announcement.
Mario said while Jimmy Su, Head of Strategic Planning, Fullerton Markets International also join in making market forecasts for the first time in a year for Thailand, ASEAN and other countries around the world, stating that they must keep an eye on the trade war continuously. Because there is a chance that there will be big fluctuations. The protracted period can be viewed in two cases. The first case is before the US presidential election. which cannot see any conclusions at this time The uncertainty is in fact Donald Trump just wants China to cooperate with the United States in doing big business with China. Because in the past, China has a policy to support the small and medium-sized business sector in the country to grow. It creates strength for the domestic economy. which China has a large economy It is the main competitor of the United States. Case 2: After the United States presidential election. which is still uncertain and unable to judge Over the next 12 months, countries will continue to be affected by the uncertainty of the trade war. This leads to fluctuations in trade and currency values in many countries.