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  • 29-Jan – Preparing for Japan’s sales-tax hike - Updated Tue January 28, 2014

    Top 3 data/events • Philippines – GDP growth likely remained robust in Q4 • New Zealand – We expect RBNZ to leave rate unchanged at a low 2.50% • Argentina – We raise our USD-ARS forecasts • Market focus • December data is likely to show earl...

  • 24-Jan – RBI looks likely to extend the pause - Updated Thu January 23, 2014

    Top 3 data/events • Japan – Annual trade deficit likely widened in 2013 • Argentina – A rude awakening • Germany – Ifo survey likely to reflect a sharp rise in business activity • Market focus • Significant reduction in headline CPI, weak gro...



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Global Focus - The world in transition

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.