vIn USA Difference between Democrats & Republicans lead to partial shut down of some Govt offices after 17 Years
v USA à No spending on non essential expenditure for long period may impact growth postponing QE3 tapering
v China September Month PMI hit six Month high at 51.2
v Euro has remained strong against USD at 1.35 even if fresh political concern has erupted in Italy & Greece
vJapan has hiked Sales Tax rate from 5% to 8% ( first such hike after 1997 ) - Likely to impact Economy negatively
v Indonesia rupiah is leading decline among Emerging Economy as its completed the worst quarter since 2008
vHowever Indonesia has reported marginal trade Surplus first time in august after March 13 ( July deficit was USD 2.3 Bln)
v Thailand reported first Monthly Trade surplus after March 13 (USD1.3 Billion). Inflation decreased to four year low (1.4%)
No comments:
Post a Comment