As seen in the picture, China (32.7%), U.S. (13.8%) and India (13.5%) are respectively the superior stimulators of the world’s economy! Analysts believe that China’s share of global GDP growth will decrease to 28.3% on 2024. Also India will pass US next year. India share of global GDP growth will increase to 15.5% and U.S.…
Brexit
Pound still unstable, Gold expected to rise on Monday!
According to France 24 “in a major blow to British Prime Minister Boris Johnson, U.K. lawmakers voted Saturday to postpone a decision on whether to back his Brexit deal with the European Union, throwing a wrench into government plans to leave the bloc at the end of this month”. This is against the expectations of…
Brexit agreement effect on GBP
The Great Britain Pound (GBP) had a surge of +1.34% reached 1.2776 which is its highest level of last five months. The Pound rate driver was today’s overall agreement between Britain and Europe Union on Brexit which is said to be announced by the end of the day. The two sides are racing to reach…