Brazil’s (EWZ) economy improved in 1Q17, mostly due to the manufacturing sector, exports, and business confidence. However, recent political scandals have undermined its growth and credit rating.
Qatar’s exports stood at 20.2 billion riyals in May 2017—an increase of 8% compared to a fall of 5% in the previous month.
Qatar was expected to grow at a faster pace in 2017. However, economic sanctions by its neighbors are expected to impact its economic activity in 2017.
Decades of cold war among GCC (Gulf Cooperation Council) members in the Middle East resulted in the Qatar crisis in 2017.
On Wednesday, June 14, 2017, the Federal Reserve raised its key interest rate by 25 basis points, bringing interest rates to the 1%–1.25% range.
Singapore’s manufacturing sector is expected to rise in line with global manufacturing activity, which has shown improvement so far in 2017.
As global economies continue to improve amid elevated geopolitical risks and policy uncertainty, Southeast Asian economies expect to remain resilient.
Economic growth in Singapore has slowed down over the years due to the global financial crisis of 2008. But global recovery since 4Q16 appears to be helping.
Falling retail sales increase concerns about US companies. Weaker sales could hamper their revenues and profit margin.
According to data provided by the U.S. Bureau of Labor Statistics, the US consumer price index, or inflation index, fell 0.1% in May 2017.
Japan’s services PMI stood at 53 in May 2017—compared to 52.2 in April 2017. It met the market’s expectations of 53.
The United Kingdom’s weaker services PMI was due to slower improvement in new business orders, domestic demand, and export orders in May 2017.
The final Eurozone services PMI stood at 56.3 in May 2017—compared to 56.4 in April 2017. It beat the market’s preliminary estimate of 56.2.
The final Markit France services PMI stood at 57.2 in May 2017—compared to 56.7 in April 2017. The PMI was below the initial estimate of 58.0.
According to data provided by Markit Economics, the final Markit Germany services PMI (purchasing managers’ index) stood at 55.4 in May 2017.
The May US services PMI report indicated improved business conditions in the US (SPY) (IWM). The PMI was at 53.6 in May—compared to 53.1 in April 2017.
Global investors should monitor economic indicators to understand conditions in the global economy. Indicators shed light on a country’s economic health.
Investors were wary last week as the Fed hiked rates for the fourth time in 18 months by 25 basis points to the range of 1.0%–1.25%. What was the impact on the tech space?
The leading economic index in Argentina rose 3.0% in May 2017 compared to 0.70% in April 2017.
Colombia’s (ICOL) GDP grew 1.1% year-over-year in 1Q17, lower than its 1.6% expansion in 1Q16.