RECENT Global RESEARCH
The October Producer Price Index rose 0.4% month-over-month, and it was unchanged compared to the September reading. On a year-over-year basis, the index has risen 2.8%.
Multiple events in different parts of the world led to an increase in volatility in global indexes last week.
The International Monetary Fund or IMF publishes the “World Economic Outlook” or WEO report biannually, in April and September or October, and it publishes two updates in January and July.
The Job Openings and Labor Turnover Survey (or JOLTS) report for September came out on November 7. Job openings remained unchanged at 6.1 million as of the last business day in September.
Global volatility trended lower, as there was a lack of any surprises from the three central banks that announced their monetary policy decisions last week.
The BOE (Bank of England) in its November meeting increased its benchmark interest rates from 0.25% to 0.50%.
US private sector employment increased by 235,000 jobs in October. Non-farm jobs have bounced back from a downward revised 110,000 jobs in September.
At its October policy meeting, the Bank of Japan left its ultra-loose monetary policy unchanged. The decision was made by an 8-1 majority vote.
Investors often ask us which of the two main bond market risks they should focus on—interest rate or credit. Our answer? Both—and the way they interact with each other.
In the ECB’s (European Central Bank) October policy meeting, its laid out its plans for the QE (quantitative easing) program.
In the week ending October 28, news related to developments surrounding tax reforms kept volatility at bay.
The US Moat Index has been performing fairly well this year. As of September 30, 2017, it has outperformed, rising 20.5% over the S&P 500 Index’s (SPY) (SPX-INDEX) rise of 18.6% YTD.
The main reason for the popularity of the Conference Board Leading Economic Index is its successful track record when predicting changes to the business cycle.
China’s GDP grew at an annualized rate of 6.8% in 3Q17 and met the market expectation. The economy expanded at an annualized rate of 6.9% in the first two quarters of 2017.
Stock market volatility remained low for another week as equity markets around the world soared to new highs in the week ending October 20.
The Federal Reserve released its September industrial production report on October 17. The report indicated that key sectors in the US economy increased production in September.
In this series, we’ll be taking a look at the September final services PMI reports and manufacturing PMI reports of major emerging economies, including India, China, Indonesia, Brazil, Mexico, and Russia.
In this series, we’ll discuss the September FOMC meeting minutes in detail and decide how the meeting minutes have changed the outlook for markets.
The Job Openings and Labor Turnover Survey is a forward indicator of economic activity. The US Fed takes this measure into consideration when making monetary policy decisions involving interest rates.
As per the September ADP National Employment Report, the US private sector added 135,000 jobs during the month. The figure is a sharp decrease from 228,000 in August.