One of the most important rating firms Moodys published about 2019-2020 global economical expectations.
https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1161581
For 2019-FED-ECB
They think,Fed will hike interest rates one or two times in 2019 instead of 3 or 4 times.According to last year data,we thought ECB will hike interest rates in 2019 summer,Moodys tells it will be in 2020 first quarter.
Independently from this subjects,yesterday last quarter of 2018 USA growth shared to public,it happended % 2,6 (total growth) expectations were % 2,2.Also Government was shutdown and many polar stormings were present in last quarter of 2018.
BOE,will have a tight monetary policy for low inflation in 2019-2020.
Turkey,Argentina will have recession,China will have a slowing momentum to 2020 (sinking credits -bad loans and trade wars).EM Markets do not look well by report.
GLOBAL RISKS
1-)Trade wars,USA and China look a peace but away,we do not know conditions and time period between two countries.For technological products,they had no any deals.
USA and EU have no deal for tarrifs (car duties from Europe Car Firms).Europe Economy,especially Germany has been slowing down by trade wars for a long time, but away main reason is performance of China for them. From 2018 starting China has a trade war tightness and sinking credits bad loans problems for their economies,EU and China are the biggest trade partners.
2-)Brexit
Prime Minister May postponed revised Brexit deal to 12 March,currently comments and analysis of Moodys point,a hard divorcing can be possible.
3-)Middle East
Syria,Iran.
4-)East Asia
India-Pakistan.
