07 August 2016
Posted in
sentix Economic News
Economic expectations are no longer negatively affected by the Brexit fallout. The sentix Economic Index improves moderately to +4.2 points. Positive growth impulses of the Chinese economy are accountable for the latest 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.
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