International Economic Week in Review: A Closer Look at Australia and Japan

     There is good and bad news in this week’s macro headlines.  On the bullish side, the World Bank has increased their latest global growth forecast, which they project to reach 2.7% by the end of the year.  This is consistent with the increased levels in the Markit PMIs that started in 4Q16.  On the bearish side, despite increased sentiment, global capex is still projected to be weak. This is

Source: XE news feed
International Economic Week in Review: A Closer Look at Australia and Japan