Report summary
The global economy entered 2018 on a high, but momentum has since waned. We expect the wobbles in early 2018 to be short lived. A full-blown trade conflict between China and the US is a risk but still an outside one; both sides have too much to lose and relatively little to gain. The US economy is growing at a healthy pace, and we don't expect inflation to rise much above the Fed's 2% target. Interest rates will rise, but at a pace the markets should be able to handle. And as the US dollar resumes its slide, emerging markets will breather a little easier. Our global economic outlook is positive for the next couple of years, but risks are weighted to the downside.
Table of contents
- Increasing risks in early 2018
- How much slack remains in the US labour market?
- China returns to controlled slowdown
- Conclusion
Tables and charts
This report includes 6 images and tables including:
- US dollar index rebounding in 2018
- Major equity indices
- Composite purchasing managers' indices (PMIs)
- US labour market
- US labour force participation rate
- China nominal GDP by sector
What's included
This report contains:
Other reports you may be interested in
02 June 2021
Global economic outlook Q2 2021: recovery takes off
Insight
Global economic outlook Q2 2021: recovery takes off
Global economy set to make a strong recovery in 2021.
$95011 June 2020
Global economic outlook Q2 2020: Covid-19 recession
Insight
Global economic outlook Q2 2020: Covid-19 recession
Swift and deep recession. Recovery mired in uncertainty.
$95008 June 2015
Vietnam economic outlook Q2 2015
Commodity Market Report
Vietnam economic outlook Q2 2015
We assess the long-term outlook for Vietnam's economy, highlighting the key risks to this outlook.
$1,100