The Chinese Year of the Fire Rooster lived up to its fiery characteristics, with 2017 concluding as a year of renewal and enthusiasm for the global economy, writes Cazenove Capital economist Janet Mui.
'Synchronised global growth' was one of the most talked about topics in the investment community in 2017, and for good reason, as growth in both advanced and emerging economies accelerated for the first time since 2010. For 2018, the Year of the Dog, a key question is whether this synchronised growth backdrop will be sustained. Global business activity We identified three takeaways from the latest set of Purchasing Managers' Indices (PMI), which provided an update on global business activity in January. First, the theme of global synchronised growth remains intact. The global ...
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