For lack of leading statistics, heading for Davos


Heads of state and big money have an appointment in Davos, for a meeting largely dominated by the war in Ukraine.

For lack of leading statistics, heading for Davos |  Photo credits: World Economic Forum / Ciaran McCrickard

For lack of leading statistics, heading for Davos | Photo credits: World Economic Forum / Ciaran McCrickard

War in Ukraine, inflation, risk of recession, monetary policy, climate change… These major topics, which have been haunting the financial markets for several months, will inevitably be at the heart of the debates at the Economic Forum in Davos, Switzerland, which is being held May 22-26. This year’s theme: “History at a turning point: government policies and business strategies. »

The forum ” occurs at the most important geopolitical and geo-economic moment of the last three decades and in the context of a pandemic which only occurs once in a century “, emphasizes the organization on its website. More than 50 heads of state and government are expected, as well as 1,250 business leaders and 100 innovation and technology players. Civil society will be represented by over 200 leaders from NGOs, social entrepreneurs, academics, labor organizations, faith and religious groups, and over 400 media and press leaders.

On the stock market, it is rare for the Forum to have an impact, but with a practically empty agenda on Monday, you never know.

Statistically, two appointments are expected: the Ifo German business climate index in May (consensus: 91.3 against 91.8 in April) and the sales of new homes during the month of April in the United States (consensus: -1.7%).


Invest




Source link -91