Economy on the rise: Global stock index reaches record high
Economy on the rise: Global stock index reaches record high

5 March 2024 – There is good news for the global economy at the start of March: the MSCI All Country World Index, a benchmark for global stock markets, has reached a historic high after an impressive rise of more than four per cent in February. And Japan is on course for growth: investments are fuelling the economy!

The global economy shows strength despite interest rate hikes

There is good news for the global economy at the start of March: the MSCI All Country World Index, a benchmark for global stock markets, has reached a historic high after an impressive rise of more than four per cent in February. This sign indicates that the global economy has so far coped remarkably well with the recent interest rate hikes.

Hopeful signs: The economy is picking up speed

Experts are already seeing the first signs that the horror of rising interest rates may be over. In fact, the global economy appears to be gaining momentum. The global purchasing managers’ index, an indicator of economic activity, rose steadily between October and January, signalling an increase in business activity.

Concrete successes: from semiconductors to raw materials

The successes in specific sectors are particularly striking: South Korea, for example, recorded breathtaking growth of almost 70 per cent in its semiconductor exports in February compared to the previous year. In the USA, too, the price difference between crude oil and refined products such as diesel has risen by 70 per cent since October – a clear sign of a revival in the upstream sectors of the economy.

Positive outlook: Economic indicators on the upswing

The Citigroup Economic Surprise Index, which measures whether economic data is better or worse than expected, has also developed positively. After a slight low at the beginning of the year, it is now almost 20 points higher. Overall, the signs worldwide are pointing to growth and recovery. The latest developments are a clear sign of optimism in the global economic situation.

Japan on course for growth: Investments boost the economy!

Japan shows strength: companies invest heavily

After years of hesitation, there is now a clear sign of an upturn: Japanese companies have significantly increased their investments – for the eleventh time in a row! In the last quarter of 2023 in particular, spending shot up from 3.4 to an impressive 16.4 per cent year-on-year.

Boom in key industries

The reason for the upswing? The information technology, vehicle construction and transport and postal sectors in particular saw a strong upturn, with growth of up to 65.8 per cent!

Hope for sustained growth

This wave of investment could give Japan’s economy a strong boost in the long term. With a price/earnings ratio that is only slightly above the 20-year average, the future looks more than bright for Japan’s corporations.

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