Wall Street Ends Mixed as Alphabet Slumps, Middle East Developments and Fed Outlook Weigh on Markets 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
Japan Keeps Markets Guessing as Yen Nears 40-Year Low, Raising Intervention Risks 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
Dollar Holds Firm as U.S.-Iran Talks Ease Tensions, GBP/USD Slips Amid UK Political Uncertainty 
In the coming years, the moderate recovery of the world economy is expected to continue. However, we project the synchronised recovery will lose some tailwind going forward; hence, we have revised our forecasts for global growth lower.
Furthermore, policy tightening in China has exceeded market expectations and a clear slowdown in activity is seen there this year.
"Our baseline scenario for the global economy is for more of the same, with the US growing around 2 percent and the euro area growing by just below 2 percent. Although sentiment is improving and political risks in Europe have abated, this is mitigated by a bigger drag on global growth from China, where we expect the economy to decelerate in 2017 and 2018 due to policy tightening," Danske Bank commented in its latest research report.
