Daily Market Review Yesterday, a management consultancy firm stated that employees can expect a 2.5% inch in their salary by next year. However, annual price growth and inflation are forecasted to be around 1.7% in 2015, which states that real wage level will be higher than this year. Those data forecasts if proven to be as per said, the United Kingdom might start 2015 afresh with much consumer spending and high money flow in the economy, which might benefit retailers and push fundamentals up. Across the pond in the world’s second largest economy, preliminary data showed that the country will be picking up speed next year, due to a 2.2% rise forecast in GDP figures. Moreover, #NFP data came out on Friday with the creation of more than 320,000 jobs in the economy, which obviously shows that unemployment rate will go down considerably by next year, stated the NABE yesterday. However, despite increase in job rate and economic forecasts in the #USA, economists state that inflation rate will keep lingering near zero for quite a considerable amount of time. In Tokyo, Business Confidence for large companies was seen to linger in this year’s Q4, as small companies suffered much. Those data pointed out the unstable recovery brought by Shinzo’s #Abenomics stimulus policies. Tankan Survey, a crucial fundamental in the economy will be eyed by investors after the snap elections, which might determine the economy’s situation.
Posted on: Tue, 09 Dec 2014 09:33:30 +0000
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