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Growing pains in US, Europe and China: Deutsche

Global Markets

Growing pains in US, Europe and China: Deutsche

Samantha Chiew Published on Mon, Jul 24, 2017 / 4:54 PM GMT+8

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SINGAPORE (July 24): Markets are worried about the growth in US, Europe and China, according to Deutsche Bank’s weekly CIO Insights report published last Friday.

Christian Nolting, Global CIO at Deutsche, says the US economic growth was expected to follow a seasonal pattern and rebound from the transitory weakness in 1Q17 as it entered 2Q17.

US GDP growth has averaged 2.9% over the past 20 years, as compared a 1.4% Q1 growth.