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Global | Positive dynamics lead to an upward revision in projections

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Global GDP growth maintains its positive trend in 1H17 as our BBVA-GAIN indicator suggests (close to 1% QoQ). Confidence and global trade continue to point a further expansion, but signals given by hard data are not yet clear. New projections for 2017-18 are revised upwards in China, more moderately in EZ, with no changes in the US.

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