A pro-European majority in the Kiev Parliament provides a good basis for a wide-ranging political and economic reforms, although there is a risk of further protests, the report reads.

In Germany, the Business Climate Index fell for the sixth consecutive month, but the consumer confidence improved, according to the results two closely-watched surveys.

Consumer confidence also grew in the United States to the highest level in seven years, but housing durable goods data were not that good.

For more information about global economy, read the full report.

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