Analyze one week of world economy Essay Example | Topics and Well Written Essays - 500 words - 3

Analyze one week of world economy - Essay Example For Instance, Shares in the US fell to about 1.6% with those in China dropping to 2.1% (FXSreet n.p). Essentially, the US economy in the last week had a negative economic index after weeks of positive show in the market. The -4 index manifest in the world largest economy is still the best in many years after the 2008 recession. The US economy has in the past week suffered significantly with numbers dropping in key sectors of the economy effectively slowing growth. The snow and bad weather has been sighted as one of the negative consequences weighing down on the US economy in recent weeks. The labor market registered lower work rates with a significant number of people filing for unemployment benefits. Despite the numerous challenges experienced in the last week, the stock market was bully on 5th registering positive indices. Though the Japanese economy gained the most among the world largest economies, the EU remained extensively versatile and bullish. The rate of inflation registered a negative value in the last week with unemployment falling significantly. The monetary regime in the EU has remained relatively stable to the dollar effectively making the banks to lower the interest rates. Japan was bullish in the market based on a number of fundamental facts (FXSreet n.p). To begin with, The Japanese economy registered a fall in the rate of inflation, though not to the expected levels. The low oil markets impacted positively to the market with most of the prices falling. While the Chinese president announced of the intentions to grow the economy by 7%, various departments of the economy recorded negative numbers with the overall impact being 2.1% (Economic Calendar n.p). The rate of inflation was high with unemployment rates remaining on a downward trend. It is imperative to note that the Chinese market has suffered a number of setbacks and going by the