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Forex Flash: Global growth to accelerate to +3.3% in 2013 – Goldman Sachs

By FXstreet.com,  January 14, 2013, 10:53:00 AM EDT

FXstreet.com (Barcelona) - According to the Economics Research Team at Goldman Sachs, "We expect global growth to improve from +3.1% in 2012 to +3.3% in 2013, and to accelerate further towards +4.1% in 2014. In particular, we see this year as improving upon last year in three other dimensions: our profile for growth shows sequential acceleration through the year; European risks are smaller than in 2012 following the ECB's OMT program; and the oil supply constraint on global growth is loosening."

In the near-term however, "we could see headwinds from the debt limit negotiations and continued sluggish US growth in Q1 2013, before a reacceleration later in the year." the team notes.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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