[Quiz & Rewards] WWTD 2023: Europe Market Outlook

Tiger_SG
2023-01-23

Hi Tigers,

Have you attended our offline event "WWTD 2023" at Visual Arts Centre in Singapore? How do you like the immersive experience store and all our activities that fly you from Singapore to Japan, Europe, and the US?

Well, no worries if you haven't been there. Tiger community will be hosting an online "WWTD 2023" event in the following week, and will be publishing 4 articles in total to help you get some insights from professionals on the outlook for these 4 markets!

Besides, there will be a quiz about the corresponding market in every article.  Tigers who get the right answer for the quiz will stand a chance to win a set of SUPER Tiger gifts!

Third Episode: Europe Market Outlook

(For the full report, you may click here to check)

[Quiz]: 

Europe is expected to experience stagflation in 2023 with the ongoing disruption of energy supplies and rising interest rates. Which leading indicator most likely point to a contraction of the European economy?

A. European Deflation Index
B. Purchasing Manufacturing Index
C. Gross Domestic Product

[How to take part] 

1. Reply your answer in this article below

2. You're welcome to leave anything you'd like to share about your thoughts on the 2023 Europe market

[Rewards]

1. The first 2 Tigers & the last 2 Tigers who comment the right answer will be given a SUPER Tiger gift!

2. Three Tigers whose comments get the most likes will be given a SUPER Tiger gift!

3. Three lucky Tigers who leave a comment will be given a SUPER Tiger gift!

[Duration] 

Now - 29 Jan

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Comments

  • Kaixiang
    2023-01-23
    Kaixiang
    My answer is (b) - Purchasing Manufacturing Index (PMI). This index measures the sentiments of purchasing managers in the manufacturing and services sectors.
    A PMI reading below 50 indicates that the sector is contracting, while a reading above 50 indicates expansion
    • Universe宇宙ReplyKaixiang: 
      [ShakeHands] [Like]
    • melsonReplyKaixiang: 
      [Happy]
    • HelenJanetReplyKaixiang: 
      Thanks for sharing 👍👍
    • Kaixiang: 
      @DiAngel @MHh @pete13 @HelenJanet @SPOT_ON @Bonta @Boo2020 @koolgal @Big Cat @Bellabing @SR050321 @VivianChua @Wayneqq @wywy @Jaydenkho @Furore @AliceSam @LMSunshine @Fenger1188 @melson @BenjiFuji @pekss @rL @JC888 @Mungerism @daz888888888 @CYKuan @Jo Tan @SirBahamut @Success88 @Universe宇宙
  • Universe宇宙
    2023-01-23
    Universe宇宙
    B. Purchasing Manufacturing Index

    @LMSunshine @Mrzorro @Aqa @Fenger1188 @GoodLife99 @rL @SirBahamut @HelenJanet @pekss @Korer @JC888 @melson

  • Aqa
    2023-01-23
    Aqa
    My answer is “B. Purchasing Manufacturing Index.” The PMI measurement is from 0 to 100. A PMI above 50 represents an expansion in activity level of purchasing managers in the service sector, when compared with the previous month. A PMi below 50 represents a contraction, and a reading at 50 indicates no change. The further away the greater the level of change. Hopefully the euro zone factories can get out of their dark days (since July 2022) soon.
  • koolgal
    2023-01-25
    koolgal

    🌟🌟🌟Europe is going to experience stagflation in 2023 which is a combination of high inflation with slowing economic growth and joblessness. The best indicator of this economic contraction is Purchasing Manufacturing Index (PMI).  The benchmark is if the reading is below 50, it indicates contraction and is negative / Bearish for Europe.  

    Since July 2022, Europe's PMI has been below 50 with the current reading in January at 48.8.  Europe's inflation however has dropped to 9.2% in December from 10.1% in November.  However this is still well above EU's target of 2% so interest rates will continue to rise in 2023.

    I am Bearish on European markets in 2023 as the Ukraine war is still ongoing and the current ban on Russian energy supplies by the US and its allies will continue to exert pressure on energy costs.    

    @Tiger_SG  


  • LMSunshine
    2023-01-23
    LMSunshine
    Answer: B. The European Purchasing Managers Index (PMI) have dropped below a print of 50 since July 2022, indicating that the eurozone is already in contraction.
  • Fenger1188
    2023-01-24
    Fenger1188
    感谢 @Tiger_SG 主办活动！我的答案：B.自2022年7月以来，欧洲采购经理人指数（PMI）已降至50以下，表明欧元区已经处于收缩状态。请加入留言有机会获得老虎礼物👍🏻👍🏻👍🏻@Alvinlimsg @Shop @Frisbee @nickname168 @ only You @luv2deal @StickRice @Ron18 @hengsley @Mrzorro @Omega88 @Jasmine1205 @Investforget @willwees @TWJ84 @OursBlue @kungpao @Jadenkho AhGong @StarLuck @Big Cat @maricel @Chooer @moth ymo @deal2deal @SPOT_ON @BenjiFuji @Ultrahisham @LMSunshine @MSing @tanpp2307 @Success88 @cptan1 @YLS0721opop @koolgal @HelenJanet @MHh @rL @GoodLife99 @StarLuck @babydc @SirBahamut @amroui 🐰🐰🐰
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