Global | GDP growth to benefit from a less stressed financial outlook

World GDP growth seems to be outpacing fears about a global recession, according to our nowcast estimations (Q1 at 2.6% SAAR, Q2 at 3.0% SAAR). In the latest edition, we pointed out that a sustainable improvement in financial tensions (mainly, in EM), alongside the rebound of commodity prices, was key for global economy to gain some ground

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