Global | GDP growth stuck at 3.1% in Q2 amid hopeful confidence and lingering uncertainty

Minor changes in July-16 in terms of World GDP growth according to BBVA Research GAIN estimates, which remain anchored at 0.8% QoQ (3.1% SAAR) in 2Q16 . The lack of relevant revisions of World GDP data and the balance between slightly better confidence indicators vs. worsening financial volatility are the factors behind the slight changes in GDP growth forecasts for 2Q16

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