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33 matches for " public investment":
Yesterday's IFO data reversed the good vibes sent by last week's upbeat German PMIs.
It is fair to say that the economic debate on fiscal policy has shifted dramatically in the last 12-to-18 months.
China's manufacturing PMIs put in a better performance in November, with the official gauge ticking up to 50.2 in November, from 49.3 in October, and the Caixin measure little changed, at 51.8, up from 51.7.
Global economic growth continues to fall short of expectations, and the call for aggressive fiscal stimulus is growing in many countries. This is partly a function of the realisation that monetary policy has been stretched to a breaking point. But it is also because of record low interest rates, which offer governments a golden and cheap opportunity to kickstart the economy. One of the main arguments for stronger fiscal stimulus is based on classic Keynesian macroeconomic theory.
Argentina's economy continues to recover steadily.
Japan will host the Olympics in 2020 and the preparatory surge in construction investment makes 2017-to-2018 the peak spending period.
Colombia's recently-released data signal that the economy started the year quite strongly, following a relatively poor end to Q4.
Don't write off the outlook for the construction sector purely on the basis of June's grim Markit/CIPS survey.
French finance minister Bruno Le Maire had bad news for his compatriots yesterday.
The relative strength of the investor and consumer confidence reports for March, released this week, signal a better outlook for the Mexican economy.
This week's detailed Q3 GDP data will confirm that the euro area economy is going from strength to strength.
Japan's real GDP seems unlikely to have risen in Q3, and could even have edge down quarter-on- quarter, after the 0.7% leap in Q2.
Consumption remains an important source of economic growth in LatAm.
Japan is one of the countries most exposed to economic damage from the coronavirus.
Yesterday's data dump in the EZ delivered something investors haven't seen for a while, namely, positive surprises.
Japan's all-industry activity index fell 0.5% month-on- month in September after a 0.2% rise in August. Construction activity continued to plummet, with the subindex dropping 2.3%, after a 2.2% fall in August.
On the face of it, Japanese GDP came thumping home in Q1, rising 0.5% quarter-on-quarter, after the 0.4% increase in Q4.
Mexico's industrial production report released yesterday brought encouraging news about the state of the economy, helping relieve some doubts about its health.
Mexico's industrial sector did relatively well in Q3, due mainly to the resilience of the manufacturing sector, and the rebound in construction and oil output, following a long period of sluggishness.
Mexico's February industrial production report was weaker than markets expected. Output expanded by 0.7% year-over-year, below the consensus, 1.2%, and slowing from 0.9% in January.
Mexico's economy is not accelerating, but it is holding up very well in difficult circumstances, with rising domestic political risk and stifling interest rates.
This week's data confirmed Mexico's strong economic performance over the first few months of this year.
The revival in the construction sector is slowing on all fronts as the fiscal squeeze intensifies, business confidence fades and the recovery in housebuilding loses momentum. These headwinds are likely to ensure that construction output only holds steady this year, thereby contributing to the broader economic slowdown.
China's trade balance flipped to an unadjusted deficit of $7.1B in the first two months of the year, from a $47.2B surplus in December.
Political uncertainty is never far away in the Eurozone, though the most recent outbreak could easily swing in favour of markets.
Japan's GDP likely dropped by 1.1% quarter- on-quarter in the first quarter, even from the favourable Q4 base, when it fell by 1.8%.
Japan's Tankan survey continues to paint a picture of a contracting economy.
Argentina's latest hard data suggest that activity is softening, but we don't see the start of a renewed downtrend.
A sharp ARS sell-off was the key highlight while we were away over the holidays.
Italian bond yields have remained elevated this week, following the release of the government's detailed draft budget for 2019.
Data today will show that the EZ construction sector finished 2017 on a decent note.
The uncertainty over the strength and speed of the economic rebound is still a concern for investors in terms of putting money to work.
Rebound in Chinese trade will be hampered in the short run by virus disruptions around the world. PBoC leant against Covid-19 pressures on the RMB... a far cry from January's Phase One rally. Japan's Q4 GDP nose-dive downgraded on weaker private and public investment. Japan's current account surplus is facing strong crosscurrents.
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