Global Perspective provides a view of the latest global economy and market events.
The International Monetary Fund (IMF) upgraded its global economic outlook for 2020, however, reiterated the risk of an uneven and prolonged recovery.
With favorable low-interest regimes globally and additional fiscal stimulus packages expected, 2021 has the potential to deliver a robust economic recovery, assuming there will be a medical breakthrough in the form of a coronavirus vaccine.
Japan’s longest-serving Prime Minister, Shinzo Abe, announced his resignation to undergo treatment for a chronic illness.
The proposed ban on TikTok by the US is similar to the Chinese ban on Twitter, Facebook, or WhatsApp, and a solution could be within reach.
The International Monetary Fund (IMF) downgraded its global economic outlook with a significantly deeper recession and a slower than anticipated recovery after that.
The European Central Bank’s (ECB) additional monetary stimulus appears synchronized with the European Union’s planned unified-fiscal policy expansion.