Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.
Colombia (GXG) signed a deal with the Mercosur trade bloc on July 21, 2017, to allow the import of limited quantities of certain products without a tariff in the Colombian market.
The big technology companies (XLK) are expected to continue dominating the markets (SPY) (QQQ) thanks to their size, innovations, acquisitions, and investments in 2017.
Manufacturing activity in July 2017 South Korean (EWY) manufacturing activity dropped in the July 2017, with a sharp reduction in output. The Nikkei South Korea (EEM) manufacturing PMI decreased to 49.1 from 50.1 in June, according to an IHS Markit report. Manufacturing activity in South Korea returned to contraction, with reduced orders for its key export markets, […]
Mexico’s manufacturing activity in July 2017 In July 2017, Mexico’s (EWW) manufacturing activity as of July 2017 saw improvement in overall business conditions, though it weakened from the month prior. The manufacturing PMI (purchasing managers’ index) fell to 51.2 in July 2017 from 52.3 in June 2017, according to an IHS Markit report. New work orders and output […]
Improvement in operating conditions in Russia In July 2017, operating conditions in Russia improved at the fastest pace since January 2017. The Russian PMI (purchasing managers’ index) increased to 52.7 from 50.3 in June 2017. New orders and output saw the strongest expansion, each reaching a six-month high. The surprising improvement in the manufacturing sector comes […]
Manufacturing activity in Greece In July 2017, the manufacturing PMI (purchasing managers’ index) in Greece (GREK) remained steady. Operating conditions improved marginally, largely driven by a rise in output. The business conditions improved for a second consecutive month as of July 2017. Consumer sentiment is improving in Greece (EEM ), with improved tourism and growth […]
Manufacturing activity in Indonesia In July 2017, manufacturing activity in Indonesia (EIDO) fell at the fastest pace in 19 months, mainly due to sharp decline in its output. Indonesia’S (EEM) manufacturing PMI (purchasing managers’ index) fell to 48.6, compared with 49.5 in June 2017, according to an IHS Markit report. New orders also fell in July […]
Manufacturing activity in Brazil In July 2017, the manufacturing PMI (purchasing managers’ index) in Brazil (BRZU) continued to decline, falling to 50 from 50.5 in June 2017. July 2017 brought a slowdown in both output and new business. US companies doing business in Brazil include Walmart (WMT), ExxonMobil (XOM), Chevron (CVX), and Apple (AAPL). Brazil (EWZ) […]
Manufacturing activity in June 2017 A survey of the manufacturing sector in India suggests that the introduction of a GST (goods and services tax) affected its manufacturing activity in July 2017. India’s (INDY) manufacturing PMI fell to 47.9 in July from 50.9 in June, according to an IHS Markit report. In July 2017, the manufacturing […]
Indonesia’s (EIDO) trade surplus in June 2017 stood at $1.6 billion as compared to $1.1 billion in the corresponding period last year and $0.57 billion in the previous month.
South Korean equities are soaring in 2017, with the Korea Composite Stock Price Index (or KOSPI), its benchmark index, reaching an all-time high of 2,451.5 in July 2017.
Uncertainty related to India’s new goods and services tax, which was implemented on July 1, 2017, seemed to affect India’s manufacturing activity in June 2017.
The trade gap in India (INDA) continued to widen in June 2017. In the month, it stood at $12.9 billion, a 59.7% rise year-over-year (or YoY) and a 6% fall month-over-month.
Consumer confidence in Mexico seems have been hit by increasing prices in June 2017. Consumer confidence in the country fell to 84.4 in June, compared to 85.1 in May.
The Mexican peso (EWW) continued to rise in July 2017, touching an 18-month high following the easing of President Donald Trump’s anti-trade rhetoric in the last few months.
Global (ACWI) recovery in 2017 has helped labor market conditions to improve across OECD (Organisation for Economic Co-operation and Development) nations.
Russia’s (ERUS) current account recorded a $0.3 billion gap in 2Q17 as compared to a $23.3 billion surplus in the previous quarter and a $2 billion surplus in the same period.
Manufacturing activity in China expanded in June 2017 compared to its fall in May. Chinese manufacturing activity is showing a mixed outlook for economic growth in 2017.
Inflation in China was on a steady rise in June 2017, in line with the market’s expectation. China’s (MCHI) consumer prices rose 1.5% year-over-year in June 2017.
China’s economy surprised the markets when it rose 6.9% year-over-year (or YoY) in 2Q17. This rise was the economy’s biggest in the last six consecutive quarters.
The services sector is one of the most important sectors contributing to Brazil’s GDP and job creation, but its been facing structural issues and poor performance.
Thailand saw impressive growth in 1Q17 due in part to external demand and public investment. Its GDP rose 3.3% in 1Q17 as compared to a 3% rise in 4Q16.
Chile’s economy is highly dependent on copper mining activities. The recent long strike at BHP Billiton’s Escondida copper mine continues to impact Chile.
The United Arab Emirates, one of the most diversified economies in the GCC (Gulf Cooperation Council), recorded a firm expansion in the non-oil sector in June 2017.
Colombia, an important Latin American (ILF) economy, is currently facing sluggish growth due to a decline in commodity prices (DBC) and political instability.
The JPMorgan Global Manufacturing PMI remained stable at 52.6 in June 2017. A consistent number indicates steady improvement in global manufacturing operating conditions in June compared to May.
Several external factors are expected to impact Indonesia’s economy in 2017. The US government’s protectionist stance is expected to influence global trade.
