Economy Likely to Improve in 2011, Says Canada Bank

According to predictions by the National Bank of Canada, the economy will improve over 2011. However, just as the U.S. economy starts feeling its oats, a shock from Japan, temporary in nature, could slow the pace of monetary policy normalization in emerging Asia, keeping global liquidity abundant. Thus despite the Japanese disaster and a modest headwind from the recent rise of energy prices, the global economy is likely to do well in 2011, provided that geopolitical tensions remain contained.

Read the full report: http://www.forexstreet.net/profiles/blogs/economic-monitor-the-global

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