Major highlights of the recent report:
- While all eyes now turn to the US as investors, economists and
ordinary people with great anticipation are waiting for the Fed’s
decision in December in regard to the borrowing costs, the rest of the
world remains in a somewhat shaky condition.
- The European economy continues to struggle to recover solidly,
weighed down by ongoing geopolitical turbulence, refugee crisis and
stubbornly weak inflation. While ECB President Mario Draghi has
refrained from ramping up stimulus measures so far, he provided
investors with the strongest hint yet that the central bank will
initiate a new round of fresh stimulus measures at its December meeting.
The decision is likely to impact sentiment among investors and
economists.
- In the North American region everyone is watching closely the
economic developments in the US, as the Fed’s decision in December will
definitely influence markets and economies worldwide, as well as further
actions of major central banks.
- Emerging economies in Asia-Pacific continues to falter due to a
slowdown of the Chinese economy, the region’s economic powerhouse. In
the South Pacific area, policy makers monitor closely how their monetary
policies impact the pace of economic growth. Meanwhile, Japan, the
world’s third biggest economy, continues to recover moderately.
