Catherine Stephan, analyst at BNP Paribas, points out that the Denmark has reported a growth of only 1.2% in 2018, the lowest level since 2013. Key Quotes “A patent export in first-quarter 2017, however, has sharply distorted Denmark’s GDP growth profile in 2017 and in 2018. GDP growth averaged 1.7% over the past two years, which provides a better picture of Denmark’s relatively strong growth momentum, buoyed by a favourable international environment and the strong growth of domestic demand.” “Denmark will benefit from a relatively high growth carry-over in 2019. In contrast, it will be hit by slowing growth at its main trading partners in the quarters ahead. Yet the size of the slowdown will depend on the progression of protectionist policies and world trade.” “Similarly, Brexit, the terms of which must still be defined, creates a risk for the Danish economy due to the country’s close trading ties with the United Kingdom.” 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 Denmark: Growth slow down – BNP Paribas FX Street 4 years Catherine Stephan, analyst at BNP Paribas, points out that the Denmark has reported a growth of only 1.2% in 2018, the lowest level since 2013. Key Quotes "A patent export in first-quarter 2017, however, has sharply distorted Denmark's GDP growth profile in 2017 and in 2018. GDP growth averaged 1.7% over the past two years, which provides a better picture of Denmark's relatively strong growth momentum, buoyed by a favourable international environment and the strong growth of domestic demand." "Denmark will benefit from a relatively high growth carry-over in 2019. In contrast, it will be hit by slowing growth at… 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.
