OECD sees global growth at 3.3% in 2014 and 3.7% in 2015

• Eurozone GDP 0.8% 2014, 1.1% 2015
• US GDP 2.2% 2014, 3.1% 2015
• Chinese GDP 7.3% 2014, 7.1% 2015
• Japanese GDP 0.9% 2014, 1.1% 2015

Details are from the OECD’s preliminary economic outlook report. The full report is due out towards the end of the month.

• Sees low-gear recovery in global growth led by US
• Sees prolonged period of stagnation in Euro area
• Urges ECB to launch QE program including government bonds