Analysts at NAB note that global growth has lifted in mid-2017, heading back towards its trend rate as the pace of advanced economy output expansion picks up.
“Inflation has remained subdued and financial markets calm, meaning there is little need for aggressive central bank moves on policy. The global economic upturn is expected to continue, while several of the “tail risks” to growth appear to be fading – although North Korea has become the new worry. There is still uncertainty around US economic policy, including how far business taxes will be cut, and how aggressive will a Trump trade policy be?”
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 securities. 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 Forex 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.