Economic and Market overview – March 2018
Global
Around the globe, economic prospects remain favourable despite mixed data from the Eurozone and China over the last couple of months. Most of the readings of manufacturing PMI across most economies remain consistent with strong output growth for 2018. China is the exception with its softening in manufacturing data suggesting a slowdown in underlying demand over the course of the year. Bearing in mind that their economy (now the second largest in the world) is still growing in excess of 5% per annum (6.5% is the official growth rate), they remain a significant contributor to global economic...