FINWIRES · TerminalLIVE
FINWIRES

中東衝突加劇,國際貨幣基金組織下調2026年全球經濟成長預期

-- 由於中東衝突,國際貨幣基金組織(IMF)下調了2026年全球經濟成長預期,並警告稱,曠日持久的戰爭可能導致經濟進一步放緩。 IMF週二表示,目前預計2026年全球實際國內生產毛額(GDP)將成長3.1%,比1月的預測值下調0.2個百分點。 在能源價格持續上漲的不利情境下,今年的經濟成長將放緩至2.5%。在中東能源基礎設施遭受進一步損害的最壞情況下,這一數字將降至2%。 IMF在其最新的《世界經濟展望》報告中指出,這場衝突對技術相關投資和寬鬆的金融環境等利多因素構成了「強大的反作用力」。 2027年全球GDP預期維持在3.2%不變。 國際貨幣基金組織(IMF)將2026年和2027年全球通膨基準預期分別從先前預測的3.8%和3.4%上調至4.4%和3.7%。 IMF預計,在不利情境下,今年通膨率將達到5.4%,如果能源供應中斷持續到明年,通膨率將超過6%。 IMF表示:“下行風險主導經濟前景。衝突持續時間更長或範圍更廣、地緣政治分裂加劇、對人工智能驅動型生產力預期的重新評估,或貿易緊張局勢再度升級,都可能顯著削弱經濟增長並動搖金融市場。” 自美以伊戰爭爆發以來,能源價格飆升。這場戰爭導緻美國封鎖了進出伊朗港口的海上交通。華盛頓和德黑蘭上周同意暫時停火,但在周末於巴基斯坦舉行的談判中未能達成協議。 根據媒體週二報道,美國總統川普表示,美國和伊朗可能在本週稍後恢復會談,地點可能在巴基斯坦。 國際貨幣基金組織(IMF)表示:“在日益不確定的全球環境下,增強適應能力、維持可信的政策框架以及加強國際合作,對於應對當前衝擊並為未來可能出現的動盪做好準備至關重要。”

Related Articles

Research

Research Alert: CFRA Keeps Hold Opinion On Shares Of Otis Worldwide Corporation

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We cut our 12-month target to $90 from $100 following Q1 earnings, valuing OTIS shares at 19.6x our 2027 EPS outlook of $4.58 (down from $4.70; 2026 EPS view updated to $4.18 from $4.25), a modest discount to industrial machinery peers' and OTIS's five-year forward multiple average given unclear timing of ongoing margin headwinds. Service margins were disappointing in Q1 (contracting 160 bps to 23%) amid higher labor and material costs that came in above pricing. Weakness in China has yet to stabilize, though as noted in the past, this represents a shrinking area of OTIS's portfolio and will have a more limited effect going forward. Overall, the latest quarter was more of the same (China weakness/New Equipment decline), though with the added concern of margin quality being pressured within Service - the core profit driver for OTIS overall. While efforts to shore up profitability are underway, we see timing of recovery being uncertain.

$OTIS
Asia Markets

Saudi Shares Start Week Higher; US-Iran Peace Talks Canceled

The Tadawul All Share Index closed Sunday 0.11% higher as investors assessed the latest updates regarding the conflict in the Middle East.US President Donald Trump said on his Truth Social account that the Pakistani trip for his envoys, Steve Witkoff and Jared Kushner, was canceled. The announcement dimmed the hopes for peace talks between Iran and the US to happen any time soon.Further to this, Israel launched an attack in Lebanon on April 25. The strikes, which targeted Hezbollah, resulted in four casualties and facility damage in Southern Lebanon.Back at home, Rabigh Refining and Petrochemical (SASE:2380), d/b/a Petro Rabigh, and Thob Al Aseel (SASE:4012) posted their financial results for the three months ended March 31. Petro Rabigh emerged from a loss in the first quarter, while Thob Al Aseel logged a higher net profit and revenue."The reason for net profit reported during the current quarter compared to a net loss recorded in the same quarter of last year was primarily attributable to improved product margins resulting from stronger refined product pricing and higher sales volumes," Petro Rabigh said in its report.Petro Rabigh rose 10% at closing, while Thob Al Aseel ticked down 1.59%.Meanwhile, the local calendar will be mostly empty except for the kingdom's preliminary figures for its GDP growth rate for the first quarter and the M3 money supply and private bank lending data for March on Thursday.

$^TASI$SASE:2380$SASE:4012
Research

Research Alert: CFRA Maintains Hold Rating On Shares Of United Rentals Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our 12-month target price to $1,100 from $950 following a strong first quarter, valuing shares at 20.5x our 2027 EPS outlook of $54.28 (in line with previous estimate; 2026 EPS also in line). We believe a higher multiple is justified given URI's firming market leadership within an expanding rental equipment industry. A robust Q1 beat enabled URI to raise its full-year revenue guidance to $16.9B-$17.4B and adjusted EBITDA to $7.625B-$7.875B, citing momentum heading into a busy season. With leverage well below historical levels, we believe accretive M&A deals could serve as a potential catalyst for additional guidance increases. Margin compression has been a sticky issue for URI, but Q1 indicated that pricing may have turned around and that headwinds are starting to ease as quarterly results begin to lap when tariff-related inflation began to pick-up. We remain cautious on margins, though are encouraged by signs of stabilization. New project activity is likely supporting pricing trends, in our view.

$URI