Global Economy

Japan's Economic Outlook

Prime minister Shinzō Abe called a snap general election in October, amid rising geopolitical tensions. The Bank of Japan maintains quantitative and qualitative monetary easing (QQE) despite the Federal Reserve's plan to reduce its balance sheet. Japanese stocks will benefit if the ‘Three Arrows’ of Abenomics continue. In addition, wages are rising whilst inflation is stuck at zero.

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Analysing the Indian Steel Sector

Amid the disappointing performance of the index of core industries (ICI) in July 2017, at 2.4% year on year growth, the steel industry stands out with an outlier growth of 9.2%. In fact, steel has shown a robust growth of 10.9% on average in the past 12 months, which is far higher than average ICI growth of 3.6%.

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Is Chinese growth about to falter?

China has long been the marginal driver of demand for a wide array of commodities. In an attempt to understand the recent rise in the price of industrial metals, the strength of Chinese demand is a key factor. The picture is mixed.

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Is the RBI too Optimistic ?

Recently, the Reserve Bank of India (RBI) revisited its inflation forecasts, sharply downwards amid many questions on their accuracy. It might have to do the same for its growth forecasts, though a small revision has been done already.

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