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Research Centre
22 Feb 10
Global MarketView February 2010
Global MarketView February 2010
LOOKING BETTER
The Regional Economies
Improving health of the major economies across the globe is the encouraging news of the day, notwithstanding the sovereign debt issues now stirring. As measured by GDP, the US saw growth at a six-year high in 4Q 2009. China's growth was over 10%, India's was at almost 8%, and Germany, the UK and Japan also grew, albeit by less than 1% each.
For 2010, global GDP is forecast to rebound to positive 2.5%-3% from negative 2% in 2009, ...
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