Australia released overnight the figures for the GDP growth in the final quarter of 2019. Analysts at Westpac Institutional Bank review the numbers and update their forecast for the Aussie economy. AUD/USD trades at 0.6606. Key quotes “The Australian economy posted a modest 0.5% increase in the final quarter of 2019.” “Annual growth at 2.2%, up from 1.8% for September, remains stuck below trend, which is judged to be around 2.75%. Output per capita at 0.7% for the year is sluggish.” “With the prospect of substantial disruptions in the first quarter of 2020, associated with the coronavirus, we expect growth over 2020 to slow to 1.9%.” 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 AUD/USD bulls attempting a fresh move beyond 0.6600 mark FX Street 2 years Australia released overnight the figures for the GDP growth in the final quarter of 2019. Analysts at Westpac Institutional Bank review the numbers and update their forecast for the Aussie economy. AUD/USD trades at 0.6606. Key quotes “The Australian economy posted a modest 0.5% increase in the final quarter of 2019.” “Annual growth at 2.2%, up from 1.8% for September, remains stuck below trend, which is judged to be around 2.75%. Output per capita at 0.7% for the year is sluggish.” “With the prospect of substantial disruptions in the first quarter of 2020, associated with the coronavirus, we expect growth… 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.
