Stimulus package is one of the current drivers of Japan’s economy. Economy of Japan is expected to contract by 5.3% in 2020. Japan has executed two stimulus packages totalling $2.2 trillion. The next stimulus package is expected to be worth about 1-2% of the Japan’s gross domestic product, which should aid in recovery of Japan’s…
Unemployment rate is a driver of the US economy. The US unemployment rate is forecast to decrease by 12.3% in June 2020 from 13.3% in May 2020. Despite two straight months of gains, employment would still be about 16.6 million jobs below its pre-pandemic level. Reuters
Asia’s Factory activities is one of the main driver’s of the Global Economy. The global economy is expected to shrink by 4.9% this year and rebound by just 5.4% next year. China’s PMI rose to 51.2 in June 2020 from 50.7 in May 2020. Japan’s PMI rose to 40.1 in June, while South Korea’s PMI…
Capital Markets are one of the main drivers of the Global Economy. The total market capitalization of global stocks is now 52% of expected global economic output. World stocks best performing sectors this year are Information Technology, Health Care & Communication Services while worst performing sectors are Energy, Financials & Real Estate. Earnings yield on…
U.S. homes sale is one of the drivers of US economy. U.S. existing homes sale decreased by 26.6% compared with last year in May 2020. In addition, the supply of homes available for sale is still tight, indicating a strong housing market recovery is unlikely. These is a result of negative growth in U.S. 2020…
U.S.-China trade deal is one of the main drivers of both economies. China agreed to buy $200 billion more in U.S. goods and services over two years. China’s 1.4 billion consumers represented the fastest growing market for U.S. companies, but U.S. firms also faced myriad challenges doing business with China. The purchase of U.S. goods…
Retail sales are one of the main drivers of US economy. US retails sales increased to $73 billion in May 2020 which is 8% below February 2020 retail sales. This should aid in recovery of the US economy. Reuters
Fiscal policies are one of the main drivers of the U.S. economy. U.S. Federal Reserve has launched its long-awaited Main Street lending program, which will offer up to $600 billion in loans to U.S. businesses with up to 15,000 employees or with revenues up to $5 billion. This should boost recovery of the U.S. economy…
Factory output is one of the main drivers of China’s economy. China’s Industrial output growth increased to 4.4% in May 2020 from 3.9% in April 2020, while Retail sales decreased by 2.8% in May 2020 from 7.5% decrease in April 2020. These resulted from China’s gross domestic product decrease by 6.8% in the first quarter…
Consumer prices are one of the main drivers of the US economy. US Consumer price index decreased month-on-month by 0.1% in May 2020 after decreasing 0.8% in April 2020 while, the CPI increased year-on-year by 0.1% in May 2020 after increasing by 0.3% in April 2020. These are as a result of the negative growth…
