A Tour Of The Global Economy - (In One Chart Pack)
Danske Markets | Jul 02, 2019 06:42AM ET
The global business cycle continued to deteriorate in June, as PMI new orders and OECD leading indicators fell further.
The weakness is driven, in particular, by soft investments, while private consumption has held up better supported by robust real income growth.
Geographically, the most weakness is found in euro area manufacturing, not least in German manufacturing orders. However, China has also softened again and US manufacturing indicators point to an industrial recession.
A few rays of light are to be found in the US MacroScope model and US financial conditions impulse, which point to some improvement in H2. However, the latest tariff increases provide a headwind that will weigh in the short term.
Contents
Global overview
- US
- Euro
- China
- Japan
- Other
OECD leading indicators – levels
OECD leading indicators – monthly momentum
Global MacroScope models
(for OECD Composite Leading Indicators – CLI)
MacroScope medium lead models – across regions
(for OECD Composite Leading Indicators – CLI)
Get The News You Want
Global PMI
To read the entire report Please click on the pdf File Below..
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.