Global Investment Views - July 2017

Tuesday 01 August 2017

Global Investment Views - July 2017

PLAY GLOBAL UPTURN, BUT STAY ALERT

Global economic activity has continued to expand worldwide (or even accelerate) in H1 2017 driven, in most countries, by domestic demand. Business investment has strengthened in several areas (US, Eurozone, Japan) and global trade has improved since the start of the year, thanks to a re-synchronization of the global cycle. With this backdrop, our outlook for the Eurozone has further improved in June, with growth expectations up from 1.6% to 1.8%. Emerging economies are also favoured by the strong global cycle, US dollar weakness and Fed’s prudent normalization policy.

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