18 Aug 2014

Youri World Economy

Youri Carma says: If you only have a look at the latest Headlines, only in this post today, the conclusion must be Über-evident, n’est-ce pas?
U.K.
- Support for a Scottish “Yes” vote is on the rise, and has closed the gap on the unionist “No” campaign by two percentage points according to a survey.
- UK exit from the EU could lead to banking exodus
- Several US banks would consider moving key London-based operations abroad if Britain were to leave the EU, according to a report in the Financial Times (FT).
- UK Property Prices Suffer Largest Decrease Ever As London Real Estate Goes Into Full-Scale Collapse – panic selling in London as owners try to cash in on their overpriced houses at the very top of the market

CHINA
- China’s July economic data points to further softness
- Surprisingly weak China July money data cast doubts on recovery’s durability
- China July property investment slows, sales drop sharply
- China home prices fall for third straight month in July
- Shanghai Gold Exchange Said to Plan FTZ Contract for Sept
- West Australian Treasurer revenue fears after iron ore price plummets


JAPAN
Japan second quarter machinery orders plunge; weak outlook challenges policymakers
Japan suffers biggest economic slump since 2011 quake as tax hike bites

U.S.
- U.S. retail sales unexpectedly stalled in July
- U.S. mortgage applications fall in latest week: MBA
- U.S. Investment Outflow Hits Record as China Cuts Holdings – Meanwhile, holdings in Belgium climbed $1.7 billion last month to $364.1 billion, the report showed.
- New York state factory growth slows in August: NY Fed
- More Military Families Are Relying On Food Banks And Pantries
- Sudanese consumers hit by spiralling food prices

EUROPE
- Euro zone growth grinds to a halt
- Euro zone economy grinds to halt even before Russia sanctions bite
- Russia may ban import of cars if West applies new sanctions
- Italy’s Renzi, ECB’s Draghi hold ‘secret’ meeting as economy slides
- One-in-three chance the ECB conducts QE next year: Reuters poll

GERMANYFRANCEITALY
- German economy shrinks, hitting European recovery hopes
- Eastern European recovery starts to slow
- Could a continually lagging French economy push the entire Eurozone to breaking point?
- French lawmaker says ‘unavoidable’ to scrap deficit target : Les Echos
- Renzi says euro zone crisis goes wider than Italy


Source
 
 
X art by WB7

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