Europe and Japan will take over from the weak US economy?
This week the final numbers on the US trade deficit was coming out and was landing on 763 Billon dollars, the number speaks for itself. The fact is though that the numbers can help the US growth in the short run cause US products are getting cheaper and foreign products more expensive to purchase for the American people.
The housing market is still an important issue and the FED chief Ben Bernanke have been indicating that he sees some stabilization and this is and will be an subject to keep on looking into further on.
Europe and Japan is two regions that analyst hopes will take on some of the growth that US is loosing. I been mentioned Japan as an dark horse before and this week there where some figures to confirm that when the growth numbers for the fourth quarter was 4,8%, expected 3,8%.
Global Stockmarket
This part will consider regions as the US, Europe, the Nordic region, Eastern Europe, South America and Asia. A strong global growth have been moving almost all markets to good result for 2006 and below is quick overview of areas for the 2007.
Another positive week for the global market all over between 2-4% with Japan worth mentioning after strong growth figures in the last quarter 2006 helping
Currency
Not much movement for currencies of interest for this week, most emerging currencies have kept on to strengthen up against the Euro and the Dollar.
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on Monday, February 19th, 2007 at 7:00 pm and is filed under Weekly Market Update.
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