Macroeconomics

In the northern hemisphere, summer is coming to an end and, at least in Europe, people are still hoping for warm temperatures to save on energy for heating for as long as possible.

Politically, not much has changed in the last few weeks. A few changes of government in Europe are in the offing and the UK has a new prime minister. All eyes were on the Chinese president’s trip to Kazakhstan last week, during which he met the president of Russia. The public took an interest in the intensity of Russian and Chinese relations. Even though there was a common position against the US, it is clear that China does not want to risk its business relations in western markets.

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