Author: cuong nguyen

https://www.youtube.com/watch?v=VqJfVWdhx6Q&t=1s Here’s a brief summary of the events and implications of this week, as well as a look ahead to the financial and earnings reports for next week. Enjoy and have a great weekend!

Economy update The German economy contracted 0.3% in 2Q from the previous quarter because of the trade barriers erected by the US. The latest composite PMI suggest that the US economy is on a solid footing, although the increase in initial jobless claims implies some weakness in the labour market. The odds of a September […]

Economy update The Indian economy is on fire as the August composite PMI of the private manufacturing and service sectors registered an impressive jump. Japanese manufacturing, on the other hand, contracted. In the EU, the composite index reached its highest level since May, mainly due to an impressive increase in new orders. US data is […]

Economy update The chances for a Russia-Ukraine meeting are slipping away. This is what Russia’s less-than-lukewarm response to the proposal implies. UK consumer prices inflated by an annual rate of 3.8% in July, the highest in 18 months. The central bank of New Zealand reduced interest rates to the lowest in 3 years and warned […]

Economy update Yesterday’s talks between Trump and Zelensky ended on a relatively upbeat note as the US President hinted at providing security guarantees to Ukraine if a peace deal is achieved with Russia, without elaborating. There are still many moving parts, and the situation will likely take the usual twists and turns in the coming […]