In short · mixed
Global growth forecasts saw positive revisions, with the OECD upgrading its global outlook to 2.9% and Novo Nordisk demand driving Denmark to double its 2026 growth projection. Trade and investment activity picked up as the EU and Philippines signed a major free trade deal, while Microsoft committed over $10 billion to Gulf AI infrastructure. However, risks persist, including OECD growth downgrades for the UK, tax probes into South Korean tech firms in India, and rising global bond yields.
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