Modest recovery of the world economy

In 2014 the world economy is expected to further out of the crisis, continue to moderate recovery, but it still may be in a fragile balance adjustment cycle again."The United States,A106b steel tube large diameter ERW steel pipe Japan recovery slow, Europe stabilised" pattern will be presented.In 2014 the U.S. economic recovery continues, QE ebb tide.Benefiting from the federal reserve for more than five years of quantitative easing (ap) -- stocks rose, the real estate market recovery, accounts for about 70% of all economic activity in the United States in 2014 private sector consumer spending will be turned to expand further, thus fundamentally promote economic recovery in the United States.Preliminary estimates of America's GDP growth in 2014 is expected to rebound to about 3%.GDP growth in the United States, in the context of global capital flows to continue to rebound, the fed liquidity monthly contraction of environment, the international capital risk appetite will tend to rise, money back stocks pursuit of rights and interests of the trend of the asset class will also increasingly apparent.

In 2014, the Japanese economy will back slightly, pattern of quantitative easing.Subject to consumption tax rise sharply (to ease market concerns over Japan's public debt ratio is greater than 200% of GDP, Mr Abe's government decided in April 2014,Carbon steel GI pipe and fitting the consumption tax from the current 5% to 8%), domestic demand caused by the falling impact, in 2014, Japan's GDP growth is expected to back slightly to about 1.5%.In Japan's economic growth rate dropped slightly, the amount of debt monetization pattern continues under the background of wide, 2014 Japanese yen may occur further depreciation, capital periodically outflow.

In 2014 the euro zone economy will stabilise, the European central bank or launch a deposit a negative interest rate policy.Is expected in 2014 as the economic downturn continues in the euro area, the area under the background of "deflation" risk does not remove,Long Radius 90 Deg carbon seamless elbow the European central bank deposits or passive release negative interest rates policy.However, quarterly GDP trend from Germany and the shape of the height of the euro exchange rate linkage, the steady GDP growth in Germany led by the euro exchange rate stable, basic there was no systemic capital flight in the euro zone.Economic growth, given the recent ChongZhaiGuo such as Ireland, Spain's economy has started to appear signs of improvement, coupled with economic performance in robust core countries Germany, in 2014 the euro zone economy is expected to get rid of the negative for two years, began to appear weak growth.