OECD Economic Outlook -Weekly Update 16/9/2014

Sept. 16, 2014 - PRLog -- Capetian Asset Management is a world-wide private equity firm with the resources and expertise to source, evaluate, and manage private investments globally in both developed and developing markets and across many industrial and commercial sectors.

OECD Economic Outlook -Weekly Update 16/9/2014

As global markets slowdown due to a host of geopolitical factors, the OECD, the Organisation for Economic Co-operation Development makes a range of adjustments to its economic growth forecasts.

With tensions in the Ukraine refusing to abate and the situation in the Middle East continuing to draw in more countries the OECD has taken the opportunity to update its forecasts for the rest of the year.

Citing the Ukraine tensions as a major hindrance to the Eurozone recovery. Growth for the entire Eurozone is expected to drop from 1.2% seen in May to just 0.8%. Of the many countries included, of note was the UK which saw a slight revision just 0.1% bring it down to 3.1% for 2014. This marginal adjustment was due to the possibility that Scotland will vote to devolve form the United Kingdom.

The OECD has implied that the ECB needs to be far more aggressive in its approach to stem the recession facing Europe and many analysts feel that this only leaves one real addition to their already headstrong schemes and that would be to start buying Government debt ala Federal Reserve.

Both the US and Japan saw revisions in their predictions. The United States seeing a half percentage point fall from 2.6% in May to 2.1% with Japan fairing slightly worse seeing a 0.9% fall to 1.2% growth for 2014.

The only country to receive a positive revision was India which since its elections has opened up its economy and thus is expected to grow in the region of 5.7% as opposed to the initial 4.9% first thought in May.

Key Market Data as of 16/9/2014:

Nikkei:   15,911.53 (-0.23%)

FTSE 100:   6,804.21 (-0.04)

Dow Jones:   17,031.14 (+0.26%)

For more information on the services provided by Capetian Asset Management advisors please visit our website at www.capetianassetmanagement.com or contact us on info@capetianassetmanagement.com. You can also follow us on Twitter at  https://www.twitter.com/CapetianAM and follow our press releases at http://biz.prlog.org/CapetianAM/

DISCLAIMER  The views, opinions, findings, and conclusions or recommendations expressed on this service are those of the author(s) and do not necessarily reflect the views of the Capetian Asset Management. All market data within this release is for your general information and enjoys indicative status only. Capetian Asset Management does not accept any responsibility for its accuracy or for any use to which it may be put. All share prices and market indexes delayed at least 15 minutes. 52 week high and low values are calculated from close price data.