Deutsche Bank summarises the state of the world economy in one chart - the investment bank has published a chart which shows the relative positions of the world's major economies based on the latest (August) PMI reports. Any country above the dotted line is improving at an accelerating pace. It appears from the results that developed economies are trumping the developing ones. Four key takeaways from the Deutsche Bank chart: (1) Data on an improving trajectory across key economic regions, except emerging markets (2) data weakness due to country-specific structural challenges and liquidity concerns driven by Fed tapering speculation (3) Eurozone: positive Q2 growth marked an end to the longest recession in region's history (4) China: slowdown fears reduced on the back of improving recent data. (VIEW LINK)
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