Janet Mui: weekly economic update 29 March

In this week’s video, Janet discusses the latest Brexit developments and the economic outlook for Germany and the US



Janet Mui
Global Economist, Cazenove Capital

No clarity on Brexit

A wide range of outcomes remains possible, including a leadership change, a general election and a second referendum. Sterling is under pressure.

Encouraging German survey data

The IFO business expectations index moved higher for the first time in eight months. This suggests an improvement in economic activity later this year.

US data revised lower but outlook brighter

US GDP for the last quarter of 2018 was revised slightly lower this week. However, rising wages and the easing of trade tensions should support growth this year.

This article is issued by Cazenove Capital which is part of the Schroders Group and a trading name of Schroder & Co. Limited, 1 London Wall Place, London EC2Y 5AU. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. 

Nothing in this document should be deemed to constitute the provision of financial, investment or other professional advice in any way. Past performance is not a guide to future performance. The value of an investment and the income from it may go down as well as up and investors may not get back the amount originally invested.

This document may include forward-looking statements that are based upon our current opinions, expectations and projections. We undertake no obligation to update or revise any forward-looking statements. Actual results could differ materially from those anticipated in the forward-looking statements.

All data contained within this document is sourced from Cazenove Capital unless otherwise stated.


Janet Mui
Global Economist, Cazenove Capital


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