5 world market themes for the week ahead
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As financial markets try to move past tariff fears, attention turns to what China will do to buffer its economy and how corporate America and business activity globally is holding up. The International Monetary Fund and World Bank Spring meetings take place in Washington meanwhile against a backdrop of increased concern about U.S. isolationism. Here's the low-down on the week ahead in world markets from Rae Wee in Singapore, Lewis Krauskopf in New York and Dhara Ranasinghe, Yoruk Bahceli and Karin Strohecker in London. 1. HUNKERING DOWN China sets its benchmark lending rates on Monday at a time when investors are bracing for more monetary easing from Beijing to help offset the headwinds from hefty U.S. tariffs on the world's second-largest economy. Some analysts expect a reduction in one-year and five-year loan prime rates, which would mark the People's Bank of China's first cut since October last year. Tariffs between t...