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MessagePosté le: Lun 10 Sep - 09:28 (2018)    Sujet du message: jor automakers have models affected by Répondre en citant

NEW YORK Mats Zuccarello White Jersey , Feb. 29 (Xinhua) -- U.S. stocks turned higher after wavering around flatline in the morning session Monday, as China's central bank announced a cut in its reserve requirement ratio (RRR) for commercial banks by 0.5 percentage points.

By midday, the Dow Jones Industrial Average rose 63.45 points, or 0.38 percent, to 16,703.42. The S&P 500 added 7.66 points, or 0.39 percent Henrik Lundqvist White Jersey , to 1,955.71. The Nasdaq Composite Index gained 23.67 points, or 0.52 percent, to 4,614.15.

The move of People's Bank of China (PBOC), the first cut of its kind this year, aims to "ensure reasonably ample liquidity in the financial system; guide a stable and appropriate growth in credit; and create a favorable financial environment for supply-side structural reform Ryan McDonagh White Jersey ," said China's central bank Monday in a statement.

To boost economic growth, which in 2015 slowed to its lowest level in a quarter of a century, the central bank lowered the RRR five times last year.

On the U.S. economic front, following the highest average year for the index in nearly a decade, pending home sales declined to begin 2016 but remained slightly higher than a year ago, according to the National Association of Realtors Monday.

The Pending Home Sales Index decreased 2.5 percent to 106.0 in January from an upwardly revised 108.7 in December.

Meanwhile, investors were still sifting through the country's economic growth data for the fourth quarter of 2015.

According to the second estimate released Friday by the Commerce Department Mika Zibanejad Black Jersey , U.S. real gross domestic product (GDP) increased at an annual rate of 1.0 percent in the fourth quarter of 2015, beating the market consensus of 0.4 percent.

In the previous estimate, the increase in real GDP for the fourth quarter of 2015 was 0.7 percent.

On Friday, U.S. stocks closed mixed after wavering in a tight range, as Wall Street digested the newly-released GDP report.

WASHINGTON, Oct. 10 (Xinhua) -- The International Monetary Fund (IMF) on Tuesday raised its global growth forecast for 2017 and 2018 due to a broad-based recovery in Europe, China Mats Zuccarello Black Jersey , Japan and the United States.

In its latest World Economic Outlook, the IMF forecast that the global economy will grow by 3.6 percent in 2017 and 3.7 percent in 2018, both 0.1 percentage point higher than its previous forecast in July.

"The global recovery is continuing, and at a faster pace... we see an accelerating cyclical upswing boosting Europe, China, Japan, and the United States Henrik Lundqvist Black Jersey , as well as emerging Asia," said IMF chief economist Maurice Obstfeld.

The IMF expects the Chinese economy to grow 6.8 percent this year and 6.5 percent next year, both 0.1 percentage point higher than its previous forecast in July.

The fund also revised up its U.S. growth forecast to 2.2 percent in 2017 and 2.3 percent in 2018, 0.1 and 0.2 percentage point, respectively, higher than its projection in July.

The euro area recovery is expected to gather strength this year, with growth projected to rise to 2.1 percent in 2017 before moderating to 1.9 percent in 2018 Ryan McDonagh Black Jersey , according to the IMF. The forecast for 2017 and 2018 are both 0.2 percentage point higher than the projection in July.

Growth projection for Japan was revised to 1.5 percent in 2017 and 0.7 percent in 2018, up 0.2 and 0.1 percentage point, respectively, from the forecast in July.

While short-term global growth "could increase further" due to stronger confidence and favorable market conditions, the IMF also warned of the downside risks facing the global economy over the medium term, including persistently low inflation in advanced economies, financial stability risks in emerging markets Mika Zibanejad Womens Jersey , geopolitical tensions and protectionist pressures.

"Although the chances of advanced economy policies turning inward appear to have diminished in the near term, pressures for increased protectionism have not disappeared and ought to be resisted," the IMF said.

The fund also called on policymakers to seize the opportunity to push for critical reforms, as research showed that structural reforms are easier to implement when the economy is strong.

"The welcome cyclical upturn after disappointing growth over the past few years provides an ideal window of opportunity to undertake critical reforms, thereby staving off downside risks and raising potential output and standards of living more broadly," said the IMF.



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