According to ANZ analysts, the growth outlook remains challenging for Asia. Key Quotes “While Q2 GDP growth has seen more upside surprises than downside, exports are still weak with no indication of a turnaround in the near-term.” “Asian central banks have eased monetary policy to try and offset external headwinds. However, overall financial conditions – based on our proprietary index – is still on the restrictive side and is not supportive of a near-term recovery in growth. More aggressive monetary stimulus may be needed to generate a meaningful easing in financial conditions.” “For some economies, given low policy rates, there is a limit to how much rates can be cut. This puts more onus on fiscal policy to lend a helping hand. For certain economies, some loosening of fiscal policy is underway.” 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 Gold technical analysis: Flirting with descending triangle support FX Street 4 years According to ANZ analysts, the growth outlook remains challenging for Asia. Key Quotes "While Q2 GDP growth has seen more upside surprises than downside, exports are still weak with no indication of a turnaround in the near-term." "Asian central banks have eased monetary policy to try and offset external headwinds. However, overall financial conditions - based on our proprietary index - is still on the restrictive side and is not supportive of a near-term recovery in growth. More aggressive monetary stimulus may be needed to generate a meaningful easing in financial conditions." "For some economies, given low policy rates, there… 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.
