Brief Global Economic Standings Overview
When considering stocks and the economy, what always seems to come to mind is that of the United States of America. The country has been experiencing tougher times and as an effect been getting a lot of attention from all over the world. America’s economy has been constantly scrutinized. But are penny stocks and low cost microcap stocks exchanged only in America? Does the world’s economy solely depend on America? In a word, no. And most of my companions agree with me. Let’s take a look now how other countries have fared recently while America is busy with their own economic scenario.
In the car making and electronics capital of the world, Japan’s factories have made fewer goods. Makers of cars and electronic products have cut its company’s production due to a relatively low demand. The Yen has just set a record high of 79.75 and a stronger Yen suggests a stronger hit on Japanese exporters.
In France, strikes at oil refineries and fuel terminals over the plan to increase the retirement age have finally come to an end. The President refuses to back down despite strikes and protests that disturbed the economy. England’s economy is still getting its rhythm back as well. It seems that the country still seeks for more answers regarding inflation and unemployment. England’s economy is still fragile and unbalanced. In Germany, a fall of 2.3 percent of retail sales has been recorded in the month of September alone. The constant fall indicates that the country is still struggling economically.
In Hanoi, Vietnam, the inauguration of its largest chip assembly and testing factory has finally unfolded and the hope of every citizen for a better economy has increased as a result. In Dublin, the economy is hit by hidden loans and losses at Anglo Irish Bank, the most complex criminal probe in the history of Ireland. Despite tougher times by other countries, there are a few countries that remain stable and are experiencing an increase in the composite index. India, for example, saw its profit raised to 18.8 percent as it cut costs and reduced bad loans. The world is changing, especially the economies of different countries, but hope remains in the hearts of everyone.
Tags: composite index, england economy, japanese exporters, microcap stocks, penny stocks, stock market news, stocks exchanged