Top 3 data/events
• Pakistan – PKR is under pressure due to declining FX reserves
• India – SIGMA provides a mildly bullish signal for duration in October
• Germany – PMIs suggest a healthy pick-up in factory orders
• Market focus
• BI and Bo...
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The world economy is in transition. Global growth rates are picking up, but transition means elevated risks and volatility.
In terms of global implications, all eyes will be on the US and China, with the US normalising monetary policy and China rebalancing its economy.
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