Weak economic momentum is expected to continue into early 2023 – Deutsche Bank Growth UnitedStates Banks Eurozone China
Economists at Deutsche Bank expect mild US and European recessions in the first half of 2023 with growth then picking up.“We are expecting a mild recession overall in theat the turn of the year. With recovery starting in the second quarter, economic growth for the full year 2023 is likely to be 0.3%. The main risk factor remains energy, coupled with a possible shortage of gas in winter 2023/2024.
“Economic momentum in China is likely to be much stronger next year. We are expecting growth of around 5% in 2023 after an estimated 3.3% this year.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
High inflation is expected to last beyond 2023 – Deutsche BankInflation has become a dominant topic again. In the opinion of economists at Deutsche Bank, inflation will come down more slowly in the Eurozone than
Weiterlesen »
EUR/USD expected to be 1.05 by end-2023 – Deutsche BankFollowing the winter, growth in the Eurozone and in China, in particular, should pick up again. This could weaken the USD and lift the EUR, according
Weiterlesen »
Trim Pickings: 2023 Nissan Rogue vs. 2023 Toyota RAV4The base models of the Nissan Rogue S and Toyota RAV4 LE are priced within $255 of each other, making for very close competition. Both of these models are well equipped with feature highlights that include LED headlights, tinted rear windows, cloth upholstery, satellite radio, and Apple CarPlay and Android Auto compatibility. On the safety front, both SUVs include a forward collision warning with automatic emergency braking system and automatic high-beam headlights.
Weiterlesen »
Turkey’s central bank completes first CBDC test with more to come in 2023The Central Bank of the Republic of Turkey (CBRT) has shared the latest progress of its CBDC project, the Digital Turkish Lira Project, with plans to expand the pilot in 2023.
Weiterlesen »