StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Analyze one week of world economy - Essay Example

Cite this document
Summary
The jobless data showed a worsening position in the United States as total claims stood at 304k for the week ending 7th Feb, compared to wide market consensus of 285k (up from 279 during the previous period). A dip in the customer sentiment was also witnessed with a decelerating…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95% of users find it useful
Analyze one week of world economy
Read Text Preview

Extract of sample "Analyze one week of world economy"

One Week Of World Economy This paper seeks to determine the direction of the world economy during the second week of February, 9th Feb ’15 to 13th Feb ’15. The jobless data showed a worsening position in the United States as total claims stood at 304k for the week ending 7th Feb, compared to wide market consensus of 285k (up from 279 during the previous period). A dip in the customer sentiment was also witnessed with a decelerating trend being witnessed in the retail sales figures, down 0.

8% compared to the market view of a 0.4% decline. On the contrary, sales showed some respite with the decline being lower as compared to last period’s dip of 0.9%.Moving on to Japan, machinery exports showed an uptick of 11.4% YoY and 8.3% Mom in December, way ahead of market expectations of a 5.9% and 2.4% growth respectively. Also to be noticed is the fact that these figures were much better from those reported during the previous period. Moreover, the Yen strengthened during the second week of February, with the yen opening against the dollar at 119.

4, and closing at 118.7.The Chinese economy portrayed a rosy picture, and showed that the Central Bank of the country is good at managing the affairs of the country. Consumer Price Index or inflation figures for the month of January showed China was able to keep its prices well in control with inflation clocking in at 0.8% YoY, compared to 1.5% during the previous year. Although MoM inflation remained the same as during the last period at 0.3%, it was still better than broad market expectations of 0.

3% ("Economic Calender"). As far as the European Union is concerned, a rough view of the region can be made up by looking at the performance indicators of a few nations within the Union. Germany posted trade surplus for December (with figures being released on 9th Feb) of 21.8bn Euros, amidst market expectations of 18.3bn Euros. The betterment was witnessed on back of 3.4% increase in exports, while imports went down by 0.8%, this widening the balance and resulting in a trade surplus. Though 4Q GDP growth for Germany came in at 1.

6% compared to expectations of 1.00%, a deceleration of 0.4% YoY portrayed a worrying picture for the economy. On the other hand, UK’s economy did not perform up to the mark, with industrial production growing not as strong as expected (0.7% vs 0.5%). The BRC Retail Sales Monitor also portrayed signs of worries as sales for January went down 0.2% YoY, amist market expectations of a 5% YoY growth.On an overall basis, the world economy does not seem to be in a very healthy position. With the US jobless claims going up and retail sales going down, it seems that customers lack the purchasing power to be able to afford goods.

Japanese economy however did portray a healthy trend with industrial exports going up, as well as the Yen extending against the Dollar in the forex market. Similarly, Chinese economy also performed healthily during the said period. However, signs of restraint were witnessed across the EU with deflation being reported in various EU countries, alongside a dip being witnessed in industrial production.Work Cited"Economic Calender." FX Street. 19 Feb. 2015. Web. 19 Feb. 2015. .

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Analyze one week of world economy Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Analyze one week of world economy Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/macro-microeconomics/1678349-analyze-one-week-of-world-economy
(Analyze One Week of World Economy Essay Example | Topics and Well Written Essays - 500 Words)
Analyze One Week of World Economy Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/macro-microeconomics/1678349-analyze-one-week-of-world-economy.
“Analyze One Week of World Economy Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/macro-microeconomics/1678349-analyze-one-week-of-world-economy.
  • Cited: 0 times

CHECK THESE SAMPLES OF Analyze one week of world economy

Global Balance of Payments of the European Union

The current account looks into the trading affairs mainly of tangible goods and services; on the other hand the capital account looks into the inflow and outflow of financial assets in an economy.... By doing so the state makes the exchange rate of the economy rigid.... ‘One of the aims of EMU was that only the global balance of payments of the European Union with the rest of the world be of importance and not those between members' Introduction The major states of the European provinces are controlled together in terms of certain policies that are framed and structured by the European Monetary Union....
7 Pages (1750 words) Essay

Methods Used to Analyze the Marketability of a Firm

It's also crucial to analyze your target customer base and the demand and supply of your products.... Analyzing methods to determine marketability are as many and diverse as the industries utilizing them.... Analyses can include some of the following: expert, similar case, industrial relationship, organizational, marketing, technical, consumer and consumption, competitive, strategic, and financial. … Methods used by some ventures are specifically tailored to their business....
7 Pages (1750 words) Essay

Investment in Libyan Oil Industry

etermine the factors assisting the upward movement of Libyan economy in the rect past.... nalyze some of the fast developing economies and compare their growth vis--vis the economy of a country like Libya.... Analysis of an overall picture of the Libyan economy and its oil industry particularly after the new regime has come into effect2.... The main intention of the study is to develop a better understanding of the manner in which Libya has charted the reform course for itself in the past and the investment opportunities being presented to the world....
4 Pages (1000 words) Case Study

Thinkertoys Week 3

The declining global economy is the ugliest hurdle on the way of the fresh graduates while penetrating into the job market.... Further, since education has got popularity everywhere in the world, the percentage of educated people has also increased, but the job opportunities are far less than the percentage of educated people, which serves as a serious threat for getting an attractive job.... Michalko presents the Greek Cross method, where problems are determined with the help of using coins in a specific THINKERTOYS (Assignment week II) Michael Michalko (2006) has presented his “Phoenix Checklist” in the eighth chapter of his Thinkertoys, where he has defined two different ways to define roses....
2 Pages (500 words) Essay

Sustainable Development and Food Security

This essay will look into food security in the third world nations.... Food security is an important issue among many nations in the world.... Food production is considered as the heart and survival of millions of people in the world.... The main objective of choosing the subject of food security in the third world nations is because food security is at the heart of many problems.... Values: Food insecurity is one of the major problems that face the several countries in the world....
15 Pages (3750 words) Essay

The Green City Journey in the UAE

Among the initiative is the launch of “A green economy for sustainable development” by His Highness Shaikh Mohammed bin Rashid Al Maktoum, Prime Minister and Vice-President of the UAE and Ruler of Dubai in the year 2012 (Khaleg Times, 2013).... UAE aims becoming a model of the new green economy in order to preserve the environment for future generations and in order to enhance the development of the country.... The general objective of this project is to contribute to the world's goal of going green....
3 Pages (750 words) Essay

Work as Disutility: Definition and Interpretations

Taking into consideration lazy human nature, it is possible to… est that the share of this category of people represents a minority while the majority of people perceive the work as one of the most common and appropriate instruments of supporting their lives and satisfying their basic needs.... one of the simplest one is formulated in the following way: “the degree to which a commodity or activity fails to satisfy human wants” (Dictionary....
8 Pages (2000 words) Essay

Analyze one week of world economy

The world economy between 2nd and 6th March, 2015 recorded mixed reactions with the US, EU, China, and Japan registering positive and negative indices.... The US and Chinese economies world economy Introduction The world economy between 2nd and 6th March, recorded mixed reactions with the US, EU, China, and Japan registering positive and negative indices.... The world economy is relatively stable, though characterized by immense volatility....
2 Pages (500 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us