The Australian economy is expected to rejoice its COVID-19 win by expanding at the fastest pace since 2007, a Reuters poll of 34 economists showed on Tuesday. Key findings “At a time when most major economies are battling a fresh wave of coronavirus cases, Australia has largely curtailed the outbreak, counting only about 30,000 local infections and 910 deaths since the start of the pandemic.” “In 2020, on average, the UK economy contracted 10%, the eurozone by well over 6%, Japan by 5% and the U.S. by more than 3%.” “After contracting at a much slower pace than its peers at around 2.5% last year, Australia’s A$2 trillion economy was forecast to expand on average by 4.4% this year and 3.2% in 2022 (vs. 3.5%; 3.0% in the January poll).” 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/JPY: Three reasons not to turn bullish – Goldman Sachs FX Street 2 years The Australian economy is expected to rejoice its COVID-19 win by expanding at the fastest pace since 2007, a Reuters poll of 34 economists showed on Tuesday. Key findings "At a time when most major economies are battling a fresh wave of coronavirus cases, Australia has largely curtailed the outbreak, counting only about 30,000 local infections and 910 deaths since the start of the pandemic." "In 2020, on average, the UK economy contracted 10%, the eurozone by well over 6%, Japan by 5% and the U.S. by more than 3%." "After contracting at a much slower pace than its peers… 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.
