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Asia Pacific: An oasis of calm amidst global political instability
ASIA PACIFIC ECONOMY - Signs of improvement in the region
The stream of positive economic news that started last summer persisted into 2017, with many indicators signalling a broadening global recovery. Strengthening market sentiment along with renewed optimism about the economic outlook helped bolster financial markets, including US markets reaching new record highs. These positive economic developments have shifted expectations upwards, with the region’s two largest economies – China and Japan – as beneficiaries of positively revised growth forecasts, and indicating a possible resynchronisation in the global cycle.
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25 April 2017