External broker reports(aggregated public sources), ABN AMRO

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External broker reports(aggregated public sources)

Regional Economics: Asia’s Manufacturing Ended 2023 on a Weak Note

Macroeconomics

<ul><li>The global economy is likely to grow at a subdued pace in the near term, as high rates continue to bear down on demand in advanced economies, while China continues to face both cyclical and structural headwinds</li><li>Global trade and industry looks to be bottoming out, but a sharp rebound is unlikely while rates remain restrictive</li><li>On the positive side, inflation has fallen significantly and is now within touching distance of central bank targets</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The global economy is likely to grow at a subdued pace in the near term, as high rates continue to bear down on demand in advanced economies, while China continues to face both cyclical and structural headwindsGlobal trade and industry looks to be bottoming out, but a sharp rebound is unlikely while rates remain restrictiveOn the positive side, inflation has fallen significantly and is now within touching distance of central bank targetsContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Key views Global Outlook 2024