ABN Amro analysts suggest that even the central banks dovish shift is not a significant enough move to be a strong tailwind for global economy over the coming quarters. Key Quotes “We still characterise situation as being one of policymakers taking their foot off the breaks rather than stepping on the gas. These moves will take time to feed through, so the global economy is likely to remain weak near term, with macro and earnings downgrades still in the pipeline.” “We expect the global economy to regain some traction later in the year, but the improvement is likely to be gradual and moderate. The shift in the stance of monetary policy is not sufficient to trigger the kind of rebound that we saw in 2016-17.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CHF hammered down back closer to multi-week lows FX Street 4 years ABN Amro analysts suggest that even the central banks dovish shift is not a significant enough move to be a strong tailwind for global economy over the coming quarters. Key Quotes "We still characterise situation as being one of policymakers taking their foot off the breaks rather than stepping on the gas. These moves will take time to feed through, so the global economy is likely to remain weak near term, with macro and earnings downgrades still in the pipeline." "We expect the global economy to regain some traction later in the year, but the improvement is likely to be… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
