SNAPSHOT2 min read

Janet Mui: weekly economic update 16 August

Stock markets bounced earlier in the week, only to slide again as disappointing economic data give fresh cause for concern.

16/08/2019
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Authors

Janet Mui
Global Economist, Cazenove Capital
  • The health of the Chinese economy is once again in question, after disappointing industrial production and retail sales figures
  • German GDP contracted by 0.1% in the second quarter, raising fears about prospects for the rest of the Eurozone
  • More encouragingly, the UK labour market remains resilient and wage growth has reached a cycle high of 3.9%

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Authors

Janet Mui
Global Economist, Cazenove Capital

Topics

UK
US
Federal Reserve
Snapshot
Economic & Strategy Viewpoint
Video
Market views

Cazenove Capital is a trading name of Schroders (C.I.) Ltd which is licensed under the Banking Supervision (Bailiwick of Guernsey) Law 2020 and the Protection of Investors (Bailiwick of Guernsey) Law 2020, as amended in the conduct of banking and investment business. Registered address at Regency Court, Glategny Esplanade, St. Peter Port, Guernsey GY1 3UF, (No.24546) . Schroders (C.I.) Limited, Jersey Branch is regulated by the Jersey Financial Services Commission in the conduct of investment business. Registered address at 40 Esplanade, St. Helier, Jersey JE2 3QB, (No.31076).

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