EFTA Document EFTA01459588

15 January 2016 Global Economic Perspectives: China's evolving FX policy Dollar bloc Canada It appears likely that the significant erosion of investor confidence due to volatile commodity prices and the freighted concerns about the global economy will dampen investment well into the second half of the year. Despite this drag, overall growth should benefit from a further strengthening of non- commodity exports fuelled by an expanding US economy as well as by the impact of an increase in s