Economic Minister Bruno Le Maire said in a newspaper interview regarding the French economy's economic growth because it will expand by 5% in 2021. This is after a third lockdown was ordered to tackle the coronavirus pandemic. The pandemic has prompted a downward revision in the previous government forecast for 6% growth. Economic Growth of France Le Maire said the new … [Read more...] about France Cuts its Economic Growth Forecast to 5% as it Began Another Lockdown
Economy
New Zealand Businesses Must Adapt to a Fragmented Post-Pandemic Economy
As recovery from the COVID-19 pandemic continues, there are strong grounds for believing the rejuvenated global post-pandemic economy will be completely unlike what went before. The liberal economic order that enabled the rapid growth of trade, investment, technologies, and incomes until the Global Financial Crisis (GFC) of 2008 shows signs of breakdown. Many developed … [Read more...] about New Zealand Businesses Must Adapt to a Fragmented Post-Pandemic Economy
France to Go on Lockdown Again, Finance Minister Warns it Could Hit Economic Growth
A fresh lockdown in France will dent economic growth this year, but it is too early to say by how much, the finance minister, Bruno Le Maire, has warned. France Goes on Lockdown Amid concerns that increasing infection rates across much of continental Europe will slow the recovery from the pandemic. Le Maire indicated that a forecast of 6% GDP growth this year may need to be … [Read more...] about France to Go on Lockdown Again, Finance Minister Warns it Could Hit Economic Growth
New Zealand Dollar Forecast on Japanese Yen, Canadian Dollar, UK Pound and Swiss Franc
The New Zealand Dollar saw a dreadful performance against the Canadian Dollar through March, dropping nearly 5%, its worst monthly performance in years. NZD/CAD breached its 200-day Simple Moving Average (SMA) last month as broad-based Loonie strength drove prices lower. The technical view on price action may present an opportunity for some upside, however. NZD/CAD’s bounce … [Read more...] about New Zealand Dollar Forecast on Japanese Yen, Canadian Dollar, UK Pound and Swiss Franc
In Increasing Euro Debt Sales, Governments Curb has Inflated the Hedge Fund Demand
The ECB’s massive bond-buying program has fuelled a bonanza in eurozone sovereign debt. Some investors vastly overstating their orders at debt sales in a bid to secure the coveted paper. However, governments are now starting enough is enough. Borrowers, including the European Union, France, and Spain, are moving to rein in orders from hedge funds in their syndicated bond … [Read more...] about In Increasing Euro Debt Sales, Governments Curb has Inflated the Hedge Fund Demand