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OECD hikes global growth forecast as vaccines roll out

OECD hikes global growth forecast as vaccines roll out The huge US stimulus package is also a factor that has the group seeing 5.6% growth in 2021 and 4% in 2022 09 March 2021 - 17:32 Leigh Thomas Picture: 123RF/POP NUKOONRAT Paris The global economic outlook has brightened as Covid-19 vaccine rollouts speed up in some countries and the US launches a vast new stimulus package, the Organisation for Economic Co-operation and Development (OECD) said on Tuesday, hiking its forecasts. The world economy is set to rebound in 2021 with 5.6% growth and expand 4.0% in 2022, the OECD said in its interim economic outlook. This marked a sharp increase from its last outlook in early December 2020, when the Paris-based policy forum forecast global growth of 4.2% for 2021 and 3.7% for 2022.

France generalLaurence booneOrganisation for economicEconomic cooperationCo vidCovid 19Global growthVaccines rolloutUs stimulus packageUs stimulusபிரான்ஸ் ஜநரல்லாரன்ஸ் பூன்ஆர்கநைஸேஶந் க்கு பொருளாதாரபொருளாதார ஒத்துழைப்புஇணை வித்உலகளாவிய வளர்ச்சி

Biden s stimulus, upward revisions to U S economic growth add to market s bullish sentiment

Biden s stimulus, upward revisions to U S economic growth add to market s bullish sentiment
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Asian markets pull back from early gains and end lower with Hong Kong and Chinese stocks in huge selloff

Hang Seng dropped 557.46 or 1.92%. The market in Taiwan was also marginally lower. Shanghai Composite ended 2.3% down while Shenzhen declined 3.81%.

Online privacyAsian marketsWall streetChinas shanghai compositeCoronavirus fearsUs stimulusAustraliass ampp asx 200Brent crude oilShenzhen compositeAsias growth forecastநிகழ்நிலை ப்ரைவஸீஆசிய சந்தைகள்சுவர் தெருஎங்களுக்கு ஸ்டிம்யுலஸ்ப்ரெண்ட் கச்சா எண்ணெய்ஷென்சென் கலப்பு

Yen falls to 10-month low - MarketPulse

Yen falls to 10-month low March 8, 2021SharePrint The Japanese yen has started the week with considerable losses. Currently, USD/JPY is trading at 108.82, up 0.51% on the day. Dollar pushes yen close to 109 The yen’s woes continue, as the US dollar continues to beat up on the Japanese currency. USD/JPY has jumped 5.6% since January 1 and is pressing on the 109 line, which has held since June 2020. The catalyst behind the recent strength of the US dollar has been the recent rise in US Treasury yields. The 10-year bond climbed to 1.60% earlier on Monday, while 30-year bonds rose to 2.31%. The yen is particularly sensitive to rate differentials between the US and Japan, so the increases in US yields are putting strong pressure on the Japanese currency.

President bidenJapan average cash earningsJapan final gdpJapan household spendingUs 10 year bondUs 30 year bondUs nonfarm employment changeUs stimulusUs stimulus billப்ரெஸிடெஂட் பிடென்ஜப்பான் இறுதி ஜீடீபீஜப்பான் வீட்டு செலவுஎங்களுக்கு ஆண்டு பத்திரம்எங்களுக்கு ஸ்டிம்யுலஸ்எங்களுக்கு ஸ்டிம்யுலஸ் ர சி து

Asian markets end lower amid rising bond yields

Shanghai Composite and Shenzhen ended flat. Hong Kong’s Hang Seng shed 138.5 points or 0.47%.

Online privacyAsian marketsWall streetChinas shanghai compositeCoronavirus fearsUs stimulusAustraliass ampp asx 200Brent crude oilShenzhen compositeAsias growth forecastநிகழ்நிலை ப்ரைவஸீஆசிய சந்தைகள்சுவர் தெருஎங்களுக்கு ஸ்டிம்யுலஸ்ப்ரெண்ட் கச்சா எண்ணெய்ஷென்சென் கலப்பு