Archive for January 21st, 2019

New Overnight Developments Abroad - Daily Update

Weakening Growth Prospects, Persistent Uncertainties, and a U.S. Holiday

January 21, 2019

U.S. markets are closed today, depriving global markets of their leadership. Martin Luther King’s birthday is being observed. The International Monetary Fund published its quarterly World Economic Update, revising projected global growth in 2019 down 0.2 percentage points to 3.5% and projected global growth in 2020 down 0.1 percentage point to 3.6%. The new growth […] More