MACRO ECONOMIC NEWS

 Empowering Is Being The Nature 

Wishing A Rejuvenated Week Ahead

 

Best Regards

Arbind

 

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Macro-Economic News 15 Feb 2021

 

One more time, economics is at the top of the economy. Draghi completes the transformation from being a central banker to the Italian prime minister. With Nikkei reclaiming 30,000 after more than 30 years, Japan is extending its economic recovery with increasing stimulus and capital expenditure. Thailand, which was the worst blown economy in Asia during the pandemic, is climbing back on the supportive stimulus. The U.K. economy is experiencing the largest contraction while its GDP declined by the most in 300 years. 

The U.S. consumer sentiment skid during the early Feb pulled by the lower-income population. Global sales of electric vehicles have increased by nearly 40% during 2020 while M&A deals in India jumped by more than 30 percent to $37 bn. India experienced lowered retail inflation during Jan – a 16-month low.

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