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

29/03/2019
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Authors

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.

Authors

Janet Mui
Global Economist, Cazenove Capital

Topics

UK
US
Inflation
Growth
Brexit
Economic & Strategy Viewpoint
Market views

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.