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May 2021 Economic Update
  • US:  The recovery in economic activity has continued
  • UK:  The foundations for a rebound in economic activity are in place with the relaxation of lockdown measures
  • Euro Zone:  The outlook has improved with the vaccine rollout and relaxation of lockdown measures
  • China:  While the pace of growth has started to moderate, it is expected to remain robust
  • Japan:  Ongoing social restrictions will continue to dampen activity in the short term
  • Australia:  An economic recovery is underway led by a rebound in consumer and business activity
  • New Zealand:  The economic recovery is underway
21st May 2021 / 11 mins read
Steven Carew
Chief Investment Officer
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