Global economic conditions continued to improve towards the end of last year and into the first few months of 2013. This was fuelled by robust activity in emerging markets and the US, which has shown remarkable resilience in the face of the looming sequestration. But while data continues to signal robust activity globally, suggesting that slower growth is not in the cards, the evidence for a significant strengthening of global demand also looks weak. We forecast a mild uptick in growth this year, rising to 3.4 percent from 3.2 percent last year, says Mads Koefoed, Head of Macro Strategy, Saxo Bank, in TradingFloor.com's Q2 Insights.

For more on TradingFloor.com's Insights for the second quarter 2013 see: http://www.tradingfloor.com/blogs/quarterly-outlook