This week brought about a stew of encouraging economic data
from different countries around the world. Although all eye are set on US jobs
growth report it would not be wrong to say economies moved gracefully in Nov
2016.
Let us check out the top ten positive macroeconomic numbers
that may boost Indian Stock markets.
1. China Manufacturing purchasing Index rose to 51.7 beating
market expectations.
2. US Manufacturing data expanded at the fastest pace in
last five months.
3. US consumer sentiment at the highest level of this year.
Bloomberg consumer comfort Index that ended 27Nov to 44.9 from 44.8.
4. Jobs growth in EURO ZONE
5. Acceleration in Industrial output in EURO ZONE.
6.Canada GDP grow 3.5% during 3rd qtr.
7. South Korea Exports rose 2.7%^ year on year basis in Nov
after 3.2% decline in Oct 2016.
8. Japanese Corporate profits rose 11.5% in July- Sep Qtr.
9. PMI reading by HIS Market for Austria-Netherlands and Russia
are both at highest level.
10. PMI for Spain-Italy-France-Germany although unevenly but
slowly improving.
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