We have upgraded global growth for the first time in nearly two years. Better near-term activity plus a more favourable outlook for the US, UK and emerging markets are behind the move.
2017 could be a volatile year for European equities but this can create significant investment opportunities, particularly as earnings look poised to improve.
Donald Trump's victory in the US presidential election could lead to trade wars, with tariffs likely to rise.
Rory Bateman discusses near-term risks facing European equity investors, and assesses the longer-term outlook for earnings and valuations.
Desperate times have prompted desperate measures. But is the extreme medicine working? Savers and investors may wish to look away now.