Confidence in the global economy fell in July for the first time in four months, as government measures to stimulate the economy has not yet been able to solve the problems of the labor market, according to data survey conducted by agency Bloomberg worldwide.
Index Bloomberg Professional Global Confidence fell this month to 39.13 points compared with 43.57 points in June.
Value indicator below 50 points indicates that the number of pessimists exceeds the number of optimists.
MSCI World Index fell by 2% from July 2, when the United States Department of Labor has published data on the larger-than-expected decline in jobs in the economy last month.
Unemployment in the United States in June rose to 9.5% - the highest level since August 1983.
Finance Minister Timothy Gaytner United States on Tuesday said that the global economy will face a period of decline during the recovery, because the state had to adjust to reduce welfare and increase debt.
Nobody has a magic wand, - noted economist Standard Chartered Bank in New York David Semmens. - The world economy comes out of this recession than in previous periods of recession. The forecast for the economy is not improving as fast as expected many.
mood worsened in the United States and Western Europe. In the U.S., the indicator fell to 29.5 point with 36.7 point a month earlier, in Europe - up to 31 point with 32.6 points. In Asia, the indicator rose to 59.4 point with 58.2 points.
More and more analysts are more pessimistic assess the prospects for equity markets over the next six months.
Financial markets remain concern about the likelihood and strength of economic recovery, and we again see a withdrawal of investors from risky assets - notes economist Fortis Bank Nederland Holding NV in Amsterdam, Nick Kunis. - Economic statistics finally will begin to support the market and lead to an increase in appetite for risk.
pace of the devaluation of the dollar against other world currencies, according to the average forecast of experts, may slow in the next six months.
The survey, conducted from 6 to 10 July, was attended by more than 2.7 thousand respondents.
Leaders of growth on the Russian market are the most liquid securities of banking, steel and petrochemical sectors
MICEX and ROSNANO presented to professional investors a new trading sector - Market innovation and investment
Uralsvyazinform approved of the four committees of the Board of Directors
Currency swings
Overview of the oil market for 14.07.09
Asia: corporate accountability raised in investors' optimism
The European Commission is organizing 2 nd meeting on the issue of providing assistance to Ukraine, if you pay for gas
KSCA: Kyiv owe for housing and communal services to over 300 million UAH
Forex on the European session
The level of confidence in the global economy fell in July for the first time in 4 months
Confidence in the global economy fell in July for the first time in four months, as government measures to stimulate the economy has not yet been able to solve the problems of the labor market, according to data survey conducted by agency Bloomberg worldwide.
Index Bloomberg Professional Global Confidence fell this month to 39.13 points compared with 43.57 points in June.
Value indicator below 50 points indicates that the number of pessimists exceeds the number of optimists.
MSCI World Index fell by 2% from July 2, when the United States Department of Labor has published data on the larger-than-expected decline in jobs in the economy last month.
Unemployment in the United States in June rose to 9.5% - the highest level since August 1983.
Finance Minister Timothy Gaytner United States on Tuesday said that the global economy will face a period of decline during the recovery, because the state had to adjust to reduce welfare and increase debt.
Nobody has a magic wand, - noted economist Standard Chartered Bank in New York David Semmens. - The world economy comes out of this recession than in previous periods of recession. The forecast for the economy is not improving as fast as expected many.
mood worsened in the United States and Western Europe. In the U.S., the indicator fell to 29.5 point with 36.7 point a month earlier, in Europe - up to 31 point with 32.6 points. In Asia, the indicator rose to 59.4 point with 58.2 points.
More and more analysts are more pessimistic assess the prospects for equity markets over the next six months.
Financial markets remain concern about the likelihood and strength of economic recovery, and we again see a withdrawal of investors from risky assets - notes economist Fortis Bank Nederland Holding NV in Amsterdam, Nick Kunis. - Economic statistics finally will begin to support the market and lead to an increase in appetite for risk.
pace of the devaluation of the dollar against other world currencies, according to the average forecast of experts, may slow in the next six months.
The survey, conducted from 6 to 10 July, was attended by more than 2.7 thousand respondents.
Leaders of growth on the Russian market are the most liquid securities of banking, steel and petrochemical sectors
MICEX and ROSNANO presented to professional investors a new trading sector - Market innovation and investment
Uralsvyazinform approved of the four committees of the Board of Directors
Currency swings
Overview of the oil market for 14.07.09
Asia: corporate accountability raised in investors' optimism
The European Commission is organizing 2 nd meeting on the issue of providing assistance to Ukraine, if you pay for gas
KSCA: Kyiv owe for housing and communal services to over 300 million UAH
Forex on the European session