World economy

Lessons from Spanish Flu Pandemic that Hit a Century Ago- History Repeating Itself?
June 04, 2020 10:10 PM AEST| By Team Kalkine MediaSummary The Spanish flu (1918) is an apt incident to refer to and might prove helpful to the global public health community prepare to combat contemporary pandemic. COVID-19 is a headline-grabbing, yet far less deadly than the Spanish Flu .....

Are there Any Green Shoots Emerging from the Global Manufacturing Data?
June 03, 2020 11:58 PM AEST| By Team Kalkine MediaSummay May 2020 Global manufacturing PMI data showed only slight contraction in output, as China reported growth, while downturn began to subside in most countries except Japan and Australia. China’s PMI figures showed good signs of recov.....

COVID-19 Aftermath: US Real GDP expected to shrink by 5.6% in 2020
June 03, 2020 02:35 PM AEST| By Team Kalkine MediaSummary The Congressional Budget Office expects real GDP to be down by 11.2% in 2Q 2020. A modest recovery is likely to kick in 3Q 2020. The unemployment rate would peak in 3Q 2020 at 15.8%. Long term interest rates would average 1% 2020. Lo.....

Is the worlds’ beloved currency off for a downhill?
June 03, 2020 12:10 AM AEST| By Team Kalkine MediaSummary Deteriorating economic conditions points to a weaker US economic outlook. Currency interventions in the past have not yielded the desired results. Economists have pitched for a new reserve currency. USD dominated global trade transact.....

RBA Keeps Cash Rate Static at 0.25%, Maintains Upbeat Tone in Monetary Policy Meet
June 02, 2020 07:54 PM AEST| By Team Kalkine MediaSummary RBA keeps cash rate and three-year Australian government bond yield unchanged at 25 basis points. The central bank believes a coordinated, substantial and unprecedented easing of monetary and fiscal policy is aiding the Australian econo.....

Wage Subsidies Still Playing on the Charts
June 02, 2020 04:39 PM AEST| By Team Kalkine MediaSummary NZ government provides further over NZD 29 million to NZ Post financially under pressure amid declining mail volumes in COVID-19. To support economic recovery from coronavirus, the government has allocated NZD 50 billion for COVID-19 Re.....

China’s Economic Outlook: Country faces double whammy of COVID-19 and trade war with the US
May 29, 2020 09:27 PM AEST| By Team Kalkine MediaSummary China decreases GDP growth target as few factors are difficult to predict amid coronavirus uncertainty. There is some recovery in commercial activity, but it has lagged behind expectations. US-China trade deal calls for a renegotiation.....

RBA: Negative Interest Rates Extraordinary Unlikely, Less Severe Economic Downturn Expected Ahead
May 28, 2020 03:38 PM AEST| By Team Kalkine MediaSummary RBA is highly unlikely to go for negative interest rates and prefers purchasing more government bonds in case further stimulus is required. Consumer confidence and personal spending data are reviving hopes of sooner than expected econom.....

Nudging the trends in Property Space: Uptick in Auction clearance rates but housing prices expected to fall
May 26, 2020 01:24 PM AEST| By Team Kalkine MediaSummary Volume of auctions have seen a slight uplift. However, housing values have reflected a mild slowdown due to low transaction activity. According to Core Logic, Residential property sales fell 40% in April driven by a fall in consumer se.....

NZ Property Market Scenario: Rags versus Riches
May 25, 2020 04:09 PM AEST| By Team Kalkine MediaSummary: While April reported dip in property sales according to REINZ data, residential auction is slowly picking up with eased lockdown restrictions. Though number of properties on offer in the latest auction was only a fraction of pre-lockdown...

Gravitated by COVID-19: China abandons GDP Targets, Japan channels JPY 30 Trillion to SMEs
May 22, 2020 07:25 PM AEST| By Team Kalkine MediaIn the wake of the coronavirus pandemic outbreak, key economies around the world have had to witness a first of its kind situation with large uncertainty ahead. While some changes were foreseeable, others have been far too difficult to manage such as...

Key Takeaways from RBA’s May Monetary Policy Meeting Minutes
May 19, 2020 09:47 PM AEST| By Team Kalkine MediaConsidering the current state of Australian economy, the best course of action is to retain the existing policy settings and closely monitor financial and economic outcomes, stated the RBA Minutes for May Monetary Policy Meeting. The existing polic...

3 Food and Beverage Stocks in the US: SBUX, MCD & MNST
May 19, 2020 08:14 PM AEST| By Team Kalkine MediaWith the US lifting restrictions on people movement gradually, the consumers are returning to fast food chains and beverage restaurants to get meals and drinks after long days sitting at homes. Meanwhile, Restaurant chain operators are plying trade u...

Are We Prepared for a Trade War with China?
May 19, 2020 06:08 PM AEST| By Team Kalkine MediaThe push by the WHO member countries, including Australia for an independent, impartial and comprehensive investigation into the origins of coronavirus pandemic seems to have invited unintended consequences for the Aussie land. Trade tensions appear...

Shedding Light on Market Mood in AU Property Space
May 18, 2020 11:11 PM AEST| By Team Kalkine MediaAbout two weeks after National Australia Bank Limited (ASX:NAB) anticipated a cumulative decline of ~30 per cent in house prices in 2020, experts predict Chinese investors can save the property market from COVID-19 induced collapse. The anticipation...

3 US financial stocks with earnings growth in 1Q20; STT, NTRS & BNY
May 18, 2020 11:01 PM AEST| By Team Kalkine MediaThese three US financial services companies are mainly engaged in investment management and services business. Although the earnings of these businesses increased compared to the previous corresponding period, earnings were down sequentially, largely...

Unveiling Warren Buffett’s Recent Investing Style & Dumping of Stocks
May 17, 2020 02:45 AM AEST| By Team Kalkine MediaWorries about the novel coronavirus pandemic and slumping oil torpedoed stock prices have been doing their rounds in the bear market for a while now. Even though there have been good market days at the back of stimulus packages infused in economies,...

Brewing tensions between China and Australia: What could be at risk?
May 17, 2020 12:25 AM AEST| By Team Kalkine MediaSince the Australian PM Scott Morrison has made his stance clear on the coronavirus, Chinese policymakers have intensified trade backlashes at Australia. Earlier in April, Mr Morrison had made it clear that Australia wants an independent enquiry to u...

Global Virus Crisis: Morrison Says, “Clock is Ticking”, Australian Economy Must Reopen?
May 16, 2020 04:22 PM AEST| By Team Kalkine MediaAustralia seems to have made significant progress on the novel coronavirus. Affirming this, PM Scott Morrison stated that “we’re winning, but we have not won”. The Asia-Pacific country may have succeeded in containing the invisible...

NAB Survey: Business Conditions Weakened in April 2020
May 15, 2020 07:00 PM AEST| By Team Kalkine MediaAustralia may have eased few coronavirus restrictions, but it is not going to be a smooth ride for the country. Economic data continues to be dismal with increasing indications by the Government and RBA that the economy will recover at a slower pace...
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