English
File: August 2016 results
- Uploaded:
- 07.08.16
- Änderungsdatum
- 07.08.16
- File Size:
- 426 KB
- Version
- 1.0
Chinese glimmers of hope
Economic expectations are no longer negatively affected by the Brexit fallout. The sentix Economic Index im-proves moderately to +4.2 points. Positive growth impulses of the Chinese economy are accountable for the lat-est upswing, however. The European economy merely contributes to the confidence built up. The index for Asia ex. Japan jumps from +8.2 to +14.1 points. The latest round of yuan depreciation against the US Dollar and the Japanese Yen seems to act as a stimulant.