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Q1 2014 macroeconomics update: the calm before the storm?

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Report summary

Global economic growth is forecast to accelerate to 2.7% this year up from 2.1% in 2013. The three largest economies in the developed world the US Eurozone and Japan are forecast to grow together for the first time since 2010. Although emerging markets stand to gain from stronger growth in developed world consumption boosting demand for their exports the tapering of US quantitative easing continues to pose serious challenges for many.

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    Q1 2014 macroeconomics update: the calm before the storm?

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  • Q1 2014 macroeconomics update: the calm before the storm?: Image 1
  • Q1 2014 macroeconomics update: the calm before the storm?: Image 2
  • Q1 2014 macroeconomics update: the calm before the storm?: Image 3
  • Emerging market currencies under pressure (exchange rate index vs. US$)
  • Q1 2014 macroeconomics update: the calm before the storm?: Image 5
  • Current-account position as % of GDP
  • Q1 2014 macroeconomics update: the calm before the storm?: Image 7

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