Modest pick-up in global growth but risks and vulnerabilities could derail recovery, says OECD

Will-risks-derail-the-modest-recovery-OECD-Interim-Economic-Outlook-March-2017

Global economic growth is expected to pick up modestly next year to around 3.6 % from a projected 3.3% in 2017 but risks of rising protectionism, financial vulnerabilities, potential volatility from divergent interest rate paths and disconnects between market valuations and real activity hang over the outlook, according to the OECD. Continue reading “Modest pick-up in global growth but risks and vulnerabilities could derail recovery, says OECD”

Moody’s: Euro area exit risk is very low – Greece aside – but could rise this year

Adobe Stock

The likelihood of a country other than Greece leaving the European Union’s single currency area remains very low, but has the potential to increase materially this year given the rise of anti-EU political parties in the region, Moody’s Investors Service said in a report today. Continue reading “Moody’s: Euro area exit risk is very low – Greece aside – but could rise this year”