Global: Move toward solid growth - NAB
|Recent shifts in financial market pricing reflect the move toward solid global growth, positive data surprises, upward revisions to forecasts and the balance of risks shifting from deflation and slow growth to higher growth and inflation, explains the research team at NAB.
Key Quotes
“Low interest rates and very low jobless rates have been a rare combination in the last 40 years – normally rates would be higher in the current environment with the lowest jobless rates in the big advanced economies since the 1970s.”
“The outlook is for ongoing global growth driving modest rises in wage and price inflation as well as higher interest rates.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.