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Natixis Research
@NatixisResearch
, 4 tweets, 3 min read Read on Twitter
[THREAD]🌏Find out our global outlook & central scenario for H2-19-2020: uncertainties surrounding global economic dynamics will weigh on overall growth #Outlook #tradewar #Brexit
🔎Our scenario is based on the strong assumption of a UK exit from the EU without a withdrawal agreement #Brexit #HardBrexit🇬🇧🇪🇺
Mainly, expectations are:
🔻a recession in the #UK and a slowdown of #growth in the euro zone
🔻3 #Fed rate cuts of 25 bps in July, September & December 2019
🔻a cut in the deposit rate by the #ECB by 10bps in September 2019
🔻a slowdown in Asian growth, with the need for China to take stronger expansionary measures
🔻the risk of a technical recession in Japan due to the planned increase in VAT
🔻a growth slowdown for most #Latam countries due to internal as well as external factors #Outlook
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