Contemporary Contemplation on Integrated Global Financial Climate
P. Govindasamy1, P. R. Ramakrishnan2, H. Premraj3
1Dr. P. Govindasamy, Associate Professor, Department of Management Studies, Vels Institute of Science, Technology and Advanced Studies VISTAS, Chennai (Tamil Nadu), India.
2Dr. P. R. Ramakrishnan, Ph.D Professor and Dean, Department of Management Studies, Vels Institute of Science, Technology and Advanced Studies VISTAS, Chennai (Tamil Nadu), India.
3Dr. H. Premraj, Ph.D Professor, Department of Management Sciences, Vels Institute of Science, Technology and Advanced Studies VISTAS, Chennai (Tamil Nadu), India.
Manuscript received on 17 November 2019 | Revised Manuscript received on 04 December 2019 | Manuscript Published on 10 December 2019 | PP: 186-188 | Volume-8 Issue-3S2 October 2019 | Retrieval Number: C10341083S219/2019©BEIESP | DOI: 10.35940/ijrte.C1034.1083S219
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Although the global economy nurtured at a noteworthy pace in 2018 (3.7 per cent according IMF and 2.9 per cent according to World Bank) on the back of a strong fiscal expansion in the USA and easy monetary policy by the central banks around the world, the risks to the stance for worldwide economy are tilted downwards on the concerns of monetary tightening cycle and slowdown in the global trade. IMF slashed its global growth outlook from 2019 to 2020 marginally lower to 3.5% and 3.6% respectively, mainly due to undesirable properties of tariff gallops ratified in the economies of US and Chinese, and lighter drive in Europe in the post-half yearly of 2018. Growths in the United States are likely to sluggish to 2.5 per cent in 2019 and 1.8 per cent in 2020 as we had compared from 2.9 per cent in 2018. Progression in the Euro area set to moderate from 1.8 per cent in 2018, 1.6 per cent in 2019 and 1.7 per cent in 2020. Japan’s economy set to disseminate by 1.1 per cent in 2019 and to 0.5 per cent in 2020.
Keywords: Global Financial Market, Capital Market, Stock Indices, etc.
Scope of the Article: Building Climate Systems