Trademagazin > News and articles > Market News > Morgan Stanley: the momentum of the global economy decreasing, business and consumer confidence declining
Morgan Stanley: the momentum of the global economy decreasing, business and consumer confidence declining
Morgan Stanley modified the expected global growth rate for this year from 4.2 percent to 3.9 percent.
The correction was made with reference to the not appropriate policy reactions for the European debt crisis and the financial constraints, that shook investor confidence. The news in connection to the debt problems of the developed-countries and the weakening dollar had an impact on the European market as well – reports mfor.hu.
Related news
More related news >
Related news
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >