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Timothy Fox - Head of Research & Chief Economist
Published Date: 17 October 2018
Global growth appears to be approaching an inflection point, whereby the consequences of monetary policy tightening, fading support from US tax cuts and rising trade and geopolitical tensions threaten to slow activity in 2019. Regionally, however, growth should benefit from the tailwind of increased oil production even as other headwinds remain challenging.
Source: Bloomberg,Emirates NBD Research
Economic Calendar for the week
Dubai PMI: Slowest quarter since Q1 2016