Tuesday 27 June 2023

A U.S. recession is coming this year, HSBC warns — with Europe to follow in 2024

The U.S. will enter a downturn in the fourth quarter, followed by a "year of contraction and a European recession in 2024," according to HSBC Asset Management.
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OTC derivatives statistics at end-December 2023 - Bank for International Settlements

Close all . Turning to foreign exchange ( FX ) derivatives, their notional amounts grew during 2023, principally in the first half of the y...