– In February, global leading indicators stayed broadly unchanged. This reflected improvements in the euro area and the US, which were offset by a fall in Asian PMIs.
– We expect the global economy to slow down mildly over the next few months, as tax increases and spending cuts in the US constrain demand. The underlying economy, however, is still strong and we expect the drag from tax increases and spending cuts to be only temporary.
Click here to read the full report: Global Research
Danske Bank