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Spain set to scale back its economic growth outlook

  Bloomberg Spain is set to pare back its economic growth forecast due to the impact of Russia’s invasion of Ukraine, Prime Minister Pedro Sanchez said. “It’s clear that Putin’s war in Ukraine is having an impact not only on the European economy, but also on the the global one, and that there will be a downward revision in the ...

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China jitters mount as easing calls echo across trading floors

Bloomberg Investors have a clear message to China’s policy makers: more stimulus is needed, and quickly, to reignite a stalled recovery in markets. The People’s Bank of China (PBOC) decision to give lenders a modest cash boost was met with declines in equities on Monday. And with data showing consumer spending took a dive in March, weighing on sentiment, traders ...

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US futures, bonds drop as economic outlook fades

  Bloomberg US equity futures fall on Monday, while Treasury yields rise, as a jump in energy costs highlighted inflation concerns and cracks in China’s Covid-19-afflicted economy dimmed the growth outlook. US index futures followed a decline in Asia-Pacific stocks, which were sapped by Japan and China. Markets in Australia, Hong Kong and much of Europe remain shut for Easter. ...

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