Global Recovery is On Track

New economic data has reinforced the positive outlook for a broad-based recovery in the global economy - good news for investors in China and Europe

Coutts 28 May, 2014 | 4:42PM
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This article is part of Morningstar's "Perspectives" series, written by third-party contributors. Here, Alan Higgins, Chief Investment Officer, UK at Coutts gives his market round up.

The latest round of purchasing managers’ indices (PMIs) of business activity has reinforced the positive outlook for a broad-based recovery in the global economy.

These surveys, which provide a more-timely indicator of underlying growth than gross domestic (GDP) figures, suggest a continued strengthening in developed economies.

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Coutts  Coutts provides customised solutions for clients private banking and wealth management needs.

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