Improved Tone in Global Markets - NAB
Research Team at NAB, suggests that there was an improved tone in global markets this month.
Key Quotes
“While
this is welcome news that reduces the risk of a new slowdown in the
global economy, sub-trend growth is expected to continue with the pace
of global expansion remaining around 3% in 2016.
March global
business surveys are finally showing a lift in activity but it is too
early to be sure that the better performance will be sustained and our
tracking models are not pointing to any significant imminent upturn in
the pace of expansion.”
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