JAN
10
0

R&D expenditure in the EU increased slightly to 2.07% of GDP in 2017

In 2017, the Member States of the European Union (EU) spent all together almost €320 billion on Research & Development (R&D). The R&D intensity, i.e. R&D expenditure as a percentage of GDP, stood at 2.07% in 2017, compared with 2.04% in 2016. Ten years earlier (2007), R&D intensity was 1.77%.Original link
0

Copyright

© Eurostat

JAN
10
0

Investment indicators fall into decline as global PMI hits 27-month low

Global PMI dips to lowest since September 2016Slowdown led by falling exports but spreads to servicesUS leads upturn, Europe lags behindEmerging markets close gap with developed worldCapex indicators slide into contraction territory

The global economy ended 2018 on a disappointing note as surveyindicators of growth, employment and business sentiment alldeteriorated in December. Perhaps most worrying is a markeddeterioration in capex indicators, notably in demand for businessmachinery and equipment, which has slipped into decline to signal areduced appetite for investment spending among companiesglobally.

Slowest growth for over two years

The JPMorgan Global PMI™, compiled by IHS Markit, sank toits lowest for 27 months, extending a slowdown trend that has beenevident throughout the past year.

The latest reading of 52.7 is commensurate with worldwide GDPgrowth slowing close to 2%. Other indicators showed new orderinflows at their lowest since September 2016 and job creationhitting a 20-month low. Optimism towards the year ahead meanwhileslipped to its weakest for two-and-a-half years, suggesting theslowdown has further to run.

Deteriorating goods trade once again sat at the heart of theslowdown. Global goods exports dropped (albeit only modestly) for afourth straight month to act as an ongoing drag on themanufacturing sector. Global manufacturing growth fell to itsweakest for over two years as a result, with the number ofcountries reporting deteriorating business conditions rising toone-in-three. By comparison, a little over a year ago only onecountry (Colombia) reported a deterioration of manufacturingbusiness conditions.

Continue reading
0

Copyright

© IHSMarkit

JAN
10
0

Press Release: Development Aid Should Be Pooled in the EU Budget

In the post-2020 EU Multiannual Financial Framework, the Member States of the European Union should pool their development resources in the EU budget. Joint EU funding would help to overcome the fragmentation of European development aid, while ensuring that all Member States contribute to the EU development according to their gross national income. These are the recommendations of a study on EU development policy conducted by the ZEW – Leibniz Centre for European Economic Research together with the Bertelsmann Stiftung.Original link
0

Copyright

© ZEW

JAN
10
0

Minutes of the Federal Open Market Committee, December 18-19, 2018

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below.

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on December 18-19, 2018. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes.

The minutes for each regularly scheduled meeting of the Committee ordinarily are made available three weeks after the day of the policy decision and subsequently are published in the Board’s Annual Report. The descriptions of economic and financial conditions contained in these minutes and in the Summary of Economic Projections are based solely on the information that was available to the Committee at the time of the meeting.

FOMC minutes can be viewed on the Board's website at https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm

Minutes of the Federal Open Market CommitteeDecember 18-19, 2018: HTML | PDF

Continue reading
0

Copyright

© federalreserve

JAN
09
0

Worldwide growth hits 27-month low in December

The following is an extract from IHS Markit's monthly PMIoverview presentation. For the full report please click on the linkat the bottom of the article.

Global PMI slips to 27-month low

The global economy ended 2018 on a disappointing note. TheJPMorgan Global PMI, compiled by IHS Markit, sank to its lowest for27 months, extending a slowdown trend that has been evidentthroughout the past year. The latest reading is commensurate withworldwide GDP growth slowing close to 2%. Other indicators showednew order inflows at their lowest since September 2016 and jobcreation hitting a 20-month low. Optimism towards the year aheadmeanwhile slipped to its weakest for two-and-a-half years,suggesting the slowdown has further to run.

Deteriorating goods trade once again sat at the heart of theslowdown. Global goods exports dropped (albeit only modestly) for afourth straight month to act as an ongoing drag on themanufacturing sector. Service sector growth remained moreresilient, though also lost some momentum to register thesecond-smallest expansion of activity for just over two years.

© 2019, IHS Markit Inc. All rights reserved. Reproduction inwhole or in part without permission is prohibited.

Download full report

Original link
0

Copyright

© IHSMarkit

JAN
09
0

Euro area unemployment at 7.9%

The euro area (EA19) seasonally-adjusted unemployment rate was 7.9% in November 2018, down from 8.0% in October 2018 and from 8.7% in November 2017. This is the lowest rate recorded in the euro area since October 2008. The EU28 unemployment rate was 6.7% in November 2018, stable compared with October 2018 and down from 7.3% in November 2017. This remains the lowest rate recorded in the EU28 since the start of the EU monthly unemployment series in January 2000. These figures are published by Eurostat, the statistical office of the European Union.Original link
0

Copyright

© Eurostat

JAN
09
0

Worldwide growth hits 27-month low in December

The following is an extract from IHS Markit's monthly PMIoverview presentation. For the full report please click on the linkat the bottom of the article.

Global PMI slips to 27-month low

The global economy ended 2018 on a disappointing note. TheJPMorgan Global PMI, compiled by IHS Markit, sank to its lowest for27 months, extending a slowdown trend that has been evidentthroughout the past year. The latest reading is commensurate withworldwide GDP growth slowing close to 2%. Other indicators showednew order inflows at their lowest since September 2016 and jobcreation hitting a 20-month low. Optimism towards the year aheadmeanwhile slipped to its weakest for two-and-a-half years,suggesting the slowdown has further to run.

Deteriorating goods trade once again sat at the heart of theslowdown. Global goods exports dropped (albeit only modestly) for afourth straight month to act as an ongoing drag on themanufacturing sector. Service sector growth remained moreresilient, though also lost some momentum to register thesecond-smallest expansion of activity for just over two years.

Chris Williamson, Chief Business Economist, IHSMarkitTel: +44 207 260 This email address is being protected from spambots. You need JavaScript enabled to view it.

Continue reading
0

Copyright

© IHSMarkit

JAN
09
0

Job Vacancies, Australia

Growth in job vacancies eases in November (Media Release)Original link
0

Copyright

© absau

JAN
09
0

Building Approvals, Australia

Dwelling approvals fall in November (Media Release)Original link
0

Copyright

© absau

JAN
09
0

Microdata: Education and Work (Additional Information)

Education and Work, 2016 data released in the DataLabOriginal link
0

Copyright

© absau

 
Wait a minute, while we are rendering the calendar

FF Asia is the premier South-East Asian forum on retail foreign exchange (Forex) trading. The community has attracted more than 24,000 traders since inception. The website serves its special interest network including media partnerships with event organizers, online discussion forums, social network, copy trading, provide economic report data, trading blogs and broker informational data.

english simplified chinese german japanese indonesian arabic filipino
french italian korean russian malay spanish thai
© 2018 FF Asia. All Rights Reserved.