OECD Raised Expectations for the US, China and Europe. China Is the Only Economy with a Growing GDP

Emerging markets are under pressure.

Image Source: Twitter @Schuldensuehner

OECD lifted forecasts for world economy recovery after countries were found to be coping with the virus better than previously expected, according to Holger Zschaepitz.

Forecasts for some emerging markets remained unchanged, while forecasts for the eurozone, the US and China were improved. Moreover, China has become the only country, forecast of which predicts growth in GDP.

#USA #Chart #China #Europe #Gdp Growth

Sergey Diakov E-mail

Sergey is a Bachelor of Economics and Master of Foreign Trade, so he understands macroeconomics and how it affects markets. He is fond of the stock markets, especially the US, as the most developed.