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Top 3 data/events
• UK – We expect the manufacturing PMI to have improved further
• South Korea – CPI inflation was likely low; trade surplus likely increased
• China – Manufacturing sector likely remained sluggish in March
• Market focus
• BoJ’s Tankan likely indicates improving...
Digital technology is transforming the economy and society. Adoption, not invention, has the most economic impact. Technology can lift developed countries if they embrace change. New technologies offer more opportunities than challenges for emerging markets.
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