Using economic policy uncertainty in each of these two key global economic players as a measure of policy stance, this paper builds a time series model following Diebold and Yilmaz (2014) to estimate the influence of both the US and China on several key international markets, namely, stock, ...
Elections with uncertain outcomes are always significant events for currency markets. Exchange rates often react favorably to wins by pro-growth or fiscally responsible parties. A referendum can also have a substantial impact on exchange rates. A good example is theBrexitvote, which had a dramatic ...
The recent US-China trade conflict has caused substantial uncertainty in the global markets. What is the rationale of this conflict? Is the rising of Chinese economy imposing a realistic threat to the US-led post-war international system? Using economic policy uncertainty in each of these two ke...
Senior Economist and Currency Expert Stephen Jonathan joined us on this week’s episode of “See the Futures” to break down some of the major economic issues for the global economy and how they might affect the futures markets in 2024. Additional topics discussed in this free livestream: Bene...
"Dollar hegemony hinders the functioning of global financial markets and will worsen the world economic slowdown driven by Washington's uncertainty of repaying its debts," he said. RISKY POLICY On Aug. 9, U.S. President Joe Biden signed an executive order that would block U.S. high-tech in...
3.3.4 Focusing Both the Domestic Market and the Foreign Markets As a full WTO member, China will inevitably face the impact of foreign cultural products, capitals and their values. We have to withstand these shocks. If we Chinese culture want to be invincible, we must participate actively in...
This marketresilienceappears particularly notable given the proposed changes’ scope and potential impact on consumer prices. The disconnect between traditional economic theory andmarket behavior presents a compelling case study in modern financialmarkets. ...
"If we look at the indirect impact, our research also shows that for every one percentage point faster in China's growth, that raises on average the level of GDP in other economies in the medium term by about 0.3 percentage," said Barnett. The figure underscored that strong sustainable grow...
as a stakeholder. Its contributions to poverty alleviation, technology transfer and health security, such as the distribution of vaccines during the pandemic, show the tangible impact of its cooperative approach. China has reinforced the importance of international cooperation as the foundation of global...
comingontopoftheRussianFederation’sinvestment,improveproductivitygrowth,and invasionofUkraine,hasheightenedgeopoliticalclosegendergapsinlabormarkets. risks.Conflictescalationcouldleadtosurging energyprices,withbroaderimplicationsforRegionalprospects.Althoughsomeimprove- globalactivityandinflation.Otherrisksincludementsingrowth...