Gjeldskrisen i EU
Poor data from eurozone and Japan comes as investors bet on European Central Bank moving closer to quantitative easing The global economy is divided at the moment into the good, the bad and the ugly. Two of the most populous nations can claim to be good. The US is growing and since business investment has taken off an important factor delayed by Washington infighting over the Sequester and budget deficit the economy looks like it is rebalancing nicely. And India saw its manufacturing output chalk up the 10th straight month of expansion in August. [...]
Rolling business and financial news, as the latest Purchasing Managers reports show a slowdown across Britains manufacturing base. 5.20pm BST Time to recap. s. It is also becoming increasingly evident that UK industry is not immune to the impacts of rising geopolitical and global market uncertainty, especially when they affect economic growth and business confidence in our largest trading partner the eurozone. It is noticeable that where export orders were reported to have risen, companies mainly linked this to demand from North America, Asia and [...]
LONDON (The Deal) -- European stock indices edged lower on Monday as the Ukraine crisis escalated and investors braced for new European Union sanctions against Russia for its perceived support of separatists. Reports said Ukrainian forces withdrew from Luhansk airport in eastern Ukraine following clashes with pro-Russian rebels. Meanwhile, Russia called for an immediate cease-fire, and German Chancellor Angela Merkel signaled further sanctions, even while acknowledging they could harm the European economy. Geopolitical worries appear to be [...]
PRAGUE (Reuters) - Polish manufacturing activity shrank for a second straight month in August and Czech expansion slowed more than expected, adding to signs weaker euro zone economies and crisis in Ukraine are cooling growth in the EU's east.
ECB president Mario Draghi can follow a similar economic route to Shinzo Abe's experiment in Japan. It's a risky path worth taking Two years ago, Shinzo Abe's election as Japan's prime minister led to the advent of "Abenomics", a three-part plan to rescue the economy from a treadmill of stagnation and deflation. Abenomics' three components or "arrows" comprise massive monetary stimulus in the form of quantitative and qualitative easing (QQE), including more credit for the private sector; a short-term fiscal stimulus, followed by consolidation to [...]
TOKYO (Reuters) - Asian shares edged higher on Monday, with investors wary of a deepening crisis in Ukraine and a downbeat China manufacturing survey, while the euro touched a fresh one-year low ahead of this week's European Central Bank meeting.