On the eve of Brexit, UK economy appears quite strong

The likelihood of a vote in favor of the United Kingdom (UK)’s exit from the European Union (EU) was expected as an obvious disaster for 99% of economists, analysts and bankers. In June 2016, the UK did vote for the Brexit, launching a complex unprecedented...

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US CEOs’ optimism reached new high

United States’ CEOs’ plans for hiring and investment, and expectations for sales over the next six months jumped sharply with the largest increase since the fourth quarter of 2009, according to the Business Roundtable first quarter 2017 CEO Economic Outlook Survey. CEOs project 2.2 percent […]

Manufacturing PMI at a 6-year top

According to IHS Markit, Worldwide manufacturing business conditions showed the largest improvement for more than five-and-a-half years in February 2017, with global trade expanding at the fastest rate for just under six years and optimism about the future continuing to improve. Indeed, the JPMorgan Global […]

Euro area is more optimistic, said Ifo

For the German Institute for Economic Research Ifo, the economic climate of the euro area for the first quarter of 2017 has improved markedly. Indeed, the Ifo index jumped from 8.2 to 17.2 balance points quarter-on-quarter and reflected significant optimism on behalf of the experts […]

Stabilization, not sustained demand

Forecasts show more economic stabilization than robust and sustained revival of global demand, a new United Nations economic report has found. According to the UN flagship World Economic Situation Prospects 2017 report (WESP), the world economy expanded by just 2.2 per cent in 2016, the […]

India should grow 7.6%, with higher trade risk

“India’s economy is projected to sustain a 7.6% growth rate in both fiscal years 2016-17 and 2017-18,” according to a year-end report issued by the United Nations (UN). On this occasion, Cyceon reminds a previous assessment saying that India’s economic future somehow depends on China’s,...

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