A meeting of chief Brexit negotiators last week was one of the most difficult encounters of the last three years, according to European officials, who are bracing for talks to become more hostile under the next British government.
China’s economic growth decelerated to a mere 6.2 per cent in the second quarter, the weakest output since at least 1992 as trade friction with the United States takes a toll.
“Turing is a giant on whose shoulders so many now stand,” Bank of England Governor Mark Carney said.
With lawmakers on summer recess and the Bank of Canada’s latest decision in the can, attention turns to the economic numbers for signs of whether the recent momentum will continue, and what it might mean for interest rates.
China’s economy slowed to the weakest pace since quarterly data began in 1992 amid the ongoing trade standoff with the U.S., while monthly indicators provided signs that a stabilization is emerging.
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