GLOBAL ECONOMY-Factories to test world's "delicate equilibrium" [Reuters]
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Source: Reuters
GLOBAL ECONOMY-Factories to test world's delicate equilibrium | Reuters 5 Min Read LONDON, Feb 15 (Reuters) - The world economy is caught in a “delicate equilibrium” between stabilisation and a further downturn, according to Bank of England Governor Mark Carney, and that balance could look even shakier over the next few days. Early measures of factory activity from Asia, Europe and the United States â?? which typically give signals of momentum in the overall economy - will be scrutinised by investors, many of whom fear that the sudden weakness of late 2018 is intensifying. Trade tensions have weighed heavily on factories around the world, something that is likely to be high on the minds of negotiators from the United States and China when they resume their talks to avert an escalation of their tariff war. Things looked very different a year ago. The world economy seemed to have finally kicked into a higher gear, nearly a decade after the financial crisis of 2007-08, with all regions j
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