Friday, April 4, 2014

Economic Highlights (Global) – 04/04/2014


Economic Highlights (Global)

¨     ECB Kept Its Key Policy Rate Unchanged, But Hinted At The Use of Unconventional Instruments To Counter Inflation.
                                                                                                                      
¨     Global Services Activities Rebounded In March, Economic Growth Likely Be Sustained In The 1Q.

¨     US Services Activities Higher In March, Capping An Overall Strong Economic Growth In The 1Q; Exports Dropped And Imports Slowed In February, Trade Deficit Continued To Widen.
                                                                                                                      
¨     Eurozone Services Activities Eased Slightly In March, But Rounded Off The Best Quarter in Three Years For Overall Composite Output in 1Q.

¨     Singapore’s PMI Inched Down In March, But Electronics Sector Still Up Beat.

¨     Indonesia’s Broad Money Supply Moderated Further In February, Economic Activities Likely Remain Resilient.

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