Week Ahead

The Worst Fears for Global Growth May Be Subsiding

  • PMI surveys for January, first estimate of US GDP due
  • Canada’s final rate increase expected amid multiple decisions
Orcel Sees Europe Avoiding Recession This Year; Still UncertainPhotographer: Stefan Wermuth/Bloomberg
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Grounds for more hope that the global economy can avoid a major slump may emerge in the coming week in business surveys showing gradual improvement across much of the advanced world.