Philip Chua Business Blog

Posts Tagged ‘growth’

The economy rocketed ahead at a 5.9 percent pace in the final quarter of 2009, stronger than initially estimated. But the growth spurt isn’t expected to carry over into this year.

Economy of the United States – Business – Financial Services – Investing – Social Science

The week in currency trading opened with markets poised for fresh risk appetite. With China back from vacation, the PBoC reiterated its pledge to maintain moderately loose monetary policy and proactive fiscal policy to support growth in an attempt to shape expectations following the reserve ratio increase just before the…

A better-than-expected report on retail sales for January could suggest stronger economic growth in coming months. But this week’s snowstorms will likely depress activity in February.







Retail – Merchandising – Business – Retail Trade – Sports equipment

On 12 February, Destatis (the German Federal Statistical Office) is publishing its “flash release” on German Q4 GDP; a detailed breakdown of the components will follow on 24 February. As already suggested by Destatis, German GDP growth will probably have remained unchanged quarter-on-quarter in Q4 2009. Italian GDP could have…

AMID the general optimism over equities in Asia and the emerging markets, strategists at Barclays Wealth have sounded a note of caution over valuations in Asia. This runs counter to the consensus view that Asian growth is set to outstrip that of developed economies – a point that isn’t in dispute – and that market weakness is a buying opportunity.

Says Aaron Gurwitz, Barclays Wealth managing di… more

GDP growth in Q3 was revised down from the initial 3.5% to 2.2% in the third estimate, largely because of a smaller contribution from inventories. However, in Q4 the GDP growth rate could have accelerated to about 4.5% qoq, with inventories being responsible for more than half of the growth….

Financial markets will have to wait until Friday for the data highlight of the week in the US. The advance estimate of Q4 2009 GDP is expected to show economic activity picked up sharply, after belatedly returning to positive territory in Q3. We look for annualised GDP growth of 5%,…

Businesses and consumers remain exceptionally cautious and will not likely be phased by a blowout real GDP number for the fourth quarter. We have recently raised our estimate for fourth quarter real GDP growth to a 5.6 percent annual rate. A substantial slowdown in the rate of inventory liquidations will…

On balance the economic data released since Christmas has been positive. Leading indicators continue to look strong globally, although some indicators like OECD leading indicators currently give an early warning of a growth peak in Q1 10, see Business Cycle Monitor: More short-term strength. In particular, the recovery in global…

(SINGAPORE) Economic momentum may have fallen off a little more than expected in the last quarter, but economists say the underlying recovery in Singapore remains on track.

Indeed, with flash Q4 GDP data in hand, at least two forecasters yesterday jacked up their estimates of Singapore’s 2010 full-year growth, adding to the market consensus that was already above the official forecast of 3 to 5 … more