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Global growth is still gaining momentum in 2Q17, but there are some signs of stabilisation

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Global growth accelerated in 1Q to 0.9% QoQ and 2Q data so far suggest further global momentum (1% QoQ). Confidence data remain very positive, especially for developed economies, while hard data point to higher investment. Moreover, the exports recovery remains on track, partly explained by upward trend in investment in recent quarters.

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