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- The closure of the government reaches the 32nd day. The closure could cost the US gross domestic product more than $ 6 billion over the amount requested by President Donald Trump by the end of the week, according to an estimate by Beth Ann Bovino, chief US economist at S & P Global.
- The IMF lowers its global growth forecast. The International Monetary Fund lowered its global growth forecast for the second time in three months on Monday, estimating that the global economy would experience annual growth of 3.5% in 2019 and 3.6% in 2020, compared with 3 , 7% previously. and 3.8%.
- The Chinese economy is growing at its slowest pace in a decade. The Chinese economy has grown 6.4% year-on-year in the last three months of 2018, its lowest pace since the first quarter of 2009, announced Monday the National Bureau of Statistics of China.
- The "global economic canary" in the coal mine falls off a cliff. South Korea 's exports fell 14.6 percent in the first 20 days of the year, down 14.6 percent year on year, according to data released Monday by the Korean Customs Service. This compares with a 1% increase over the same period in 2018.
- CEOs around the world are worried about the state of the global economy. PwC's annual global survey of business leaders, released on Monday, found that 30 percent of respondents expect a slowdown in global economic growth in 2019, up from 5 percent a year ago.
- UBS lacks expectations. The Swiss bank posted pre-tax profit of $ 690 million in the fourth quarter, lacking expectations, as its wealth management and investment banking business slowed, reports Reuters.
- Lease was denied for the former president of Nissan. Carlos Ghosn, the former president of Nissan Motor Corp., accused of underreporting his salary for eight years, will remain in a Tokyo jail after his request to wear an electronic tag at the ankle was denied, according to Reuters.
- Stock markets around the world were lower. The Shanghai Composite of China (-1.18%) led the defeat in Asia and the British FTSE (-0.58%) lagged in Europe. The S & P 500 is expected to open down 0.74%, nearly 2651.
- The tax return is heating up. Halliburton and Johnson & Johnson announce their lead, while IBM releases its quarterly results after the markets close.
- US economic data is flowing. Existing home sales will intersect at 10 am ET. The 10-year US yield is down 2.9 basis points to 2.76%.
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