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to the U.S. and larger markets like Hong Kong and Korea. Most 

of the Asian markets notched up early gains buoyed by robust 

U.S. job data for February. Moreover, Asian shares witnessed 

gain, joining a global recovery for equity markets as sentiment 

improved gradually from a recent shakeout that stemmed from 

fears of creeping inflation and higher borrowing costs. 

Global Economy Update:
USA:

 

US GDP is expected to be at 5.4% in the first quarter of 2018. 

 

The CPI ticked up at 2.2% in February.

 

The unemployment fell down to 4.0% in February.

 

The Markit US flash PMI manufacturing rose to 55.9 in February.

Euro-Zone:

 Eurozone GDP is expected to increase at a rate of 0.9% in 

first quarter.

 

Euro area annual inflation came down to 1.1% in February 2018.

 

Eurozone unemployment rate is forecasted to be at 8.4% in February. 

 

Euro zone final composite PMI came in at 57.1 in February 2018.

China:

 

China’s economy is expected to grow by 6.6% in Q1 2018.

 

China's CPI escalated to 2.9% in February 2018.

 

China’s unemployment rate is expected to be 3.9% in first quarter.

 

Manufacturing PMI in China edged up to 51.6 in February.

Economy Forecast Q1 2018 in Comparison to Q1 2017

Best and Worst Indices of February 2018

Source: Bloomberg

Source: Bloomberg

Note: Base Currency of Exchange in USD& Annualized Returns

InflaƟon (YoY %)

GDP (QoQ %)

Unemployment (%)

4.70

9.50

4.00

4.00

8.60

4.00

0.00

1.00

3.00
2.00

4.00

5.00

6.00

7.00

8.00

9.00

10.00

USAEuro-Zone

China

Q1 17
Q1 18

Q1 17
Q1 18

Q1 17
Q1 18

1.20

0.60

1.40

2.60

0.60

1.40

0.00

0.50

1.00

1.50

2.00

2.50

3.00

USAEuro-Zone

China

2.50

1.80

1.40

2.10

1.30

2.40

0.50

0.00

1.00

1.50

2.00

2.50

3.00

USAEuro-Zone

China

Worst Indices

HoƩest Indices

10.23%

6.85%

6.50

%

5.76%

3.37%

2.47%

2.47%

1.86%

1.16%

0.98%

Ukrainian EquiƟes Index

GSE Composite Index

Lusaka Stock Exchange Al

Namibia Overall Index

Tunis Se Tunindex

EGX 30 Index

EGX 30 Index

Ho Chi Minh Stock Index

Kuwait Se Price Index

Kazakhstan Kase Stock Exchange

-6.51%

-7.42%

-7.77%

-7.89%

-8.19%

-8.25%

-8.75%

-8.75%

-9.24%

-99.95%

S&P BSE Sensex Index

Ibex 35 Index

Athex Composite Share Pr

Hang Seng China Ent Index

S&P / BMV IPC

ArgenƟna Merval Index

Colombia Colcap Index

Budapest Stock Exchange Index

Wig 20

Venezuela Stock Market Index

Asian shares witnessed gain, joining a global recovery for equity markets as 

sentiment improved gradually from a recent shakeout that stemmed from 

fears of creeping inflation and higher borrowing costs. 

Mithila Chowdhury

mithila.chowdhury@lbsbd.com

Farahnaz Zarrin

 farahnaz@lbsbd.com