Better growth prospects in the OECD area

The OECD leading indicators, published January 13, point to a more rapid pace of growth in many countries of the OECD area.

Details at : http://www.oecd.org/std/leading-indicators/compositeleadingindicatorsclioecdjanuary2014.htm

Canadian economy : modest growth in the coming months

The leading indicators of the canadian economy show that its growth will be modest in the months to come. This is what we can interpret from the publication on January 6 of the Macdonald-Laurier Institute press release on the recent evolution of its index of leading indicators.

Details at : http://www.macdonaldlaurier.ca/biggest-us-advance-in-years-drives-mli-leading-economic-indicator-up-0-3-in-november/

The manufacturing sector should contribute moderatly to the growth of the whole economy based on the recent evolution of the RBC PMI published January 2 on the Internet site of Markit Economics.

Details at : http://www.markiteconomics.com/Public/Page.mvc/PressReleases

The Bank of Canada Report on Monetary Policy, to be published January 22, will give us a more complete overview on the state of the canadian economy and the Bank's projections for the coming quarters. Watch for questions on the absence of inflationary pressures and the possibility of deflation.

World economy : moderate rate of expansion

The world economy keeps expanding at a moderate rate. This is what the JPMorgan Global Manufacturing & Services PMI suggests. The evolution of the new orders subindex shows that this trend will continue in the coming months. The most recent monthly data and analysis were published January 6 on the Internet site of Markit Economics.

Details at : http://www.markiteconomics.com/Survey/PressRelease.mvc/ebfdf95d51b2401aae0936330ea3bd7e

World manufacturing sector keeps expanding

According to Markit's PMI, the world manufacturing activity was expanding at a healthy rate in December. The evolution of the new order subindex shows that growth will continue in that sector in the near future.
 
Details at :
http://www.markit.com/assets/en/docs/commentary/markit-economics/2014/jan/Global_PMI_manu_14_01_02.pdf

China : leading indicator of a slight decrease in the growth rate

The recent evolution of the Conference Board Leading Economic Index for China points towards a slight slowdown of its growth.  This index goes in the same direction as other economic indicators for that country. Moreover, its growth forecast was recently revised slightly downward by the IMF and the OECD.

Details at :

http://www.conference-board.org/data/bcicountry.cfm?cid=11

World Economy : Slight Improvement

According to the JPMorgan Global Manufacturing & Services PMI, the world economy showed signs of better conditions in May compared to April. The improvements, although modests, were present in the production and in the new orders components.

Détails at : http://www.markiteconomics.com/Survey/Page.mvc/PressReleases

June 10 update : Monthly leading indicators from the OECD, publised today, also signal a "...moderate improvement in growth in most major economies." They point to a consolidation of growth in the United States and Japan, and growth close to the long term trend in many other countries.

Détails at : http://www.oecd.org/std/clits/

The stockmarket

"Sell in May and go away" was a mistake in 2012. What can we expect this year?