Yujiro Goto, Research Analyst at Nomura, notes that the economic momentum slowed in Q1 globally as the recovery from that had been limited just until recently, which likely amplified the negative impact of trade war concerns on risk sentiment. Key Quotes “This seasonal pattern of weaker Q1 growth has been typical over the past five years. Reasons behind the seasonality are not clear, but economic data have been improving globally again now.” “The slowdown in the euro area and the UK has been particularly significant this year, but the data surprise index in Europe has recently started recovering.” “Barring further significant escalation in trade war concerns, in the near term, improving economic data should support risk sentiment and hence yen-crosses.” 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 NZ: Focus on business surveys – ANZ FX Street 5 years Yujiro Goto, Research Analyst at Nomura, notes that the economic momentum slowed in Q1 globally as the recovery from that had been limited just until recently, which likely amplified the negative impact of trade war concerns on risk sentiment. Key Quotes "This seasonal pattern of weaker Q1 growth has been typical over the past five years. Reasons behind the seasonality are not clear, but economic data have been improving globally again now." "The slowdown in the euro area and the UK has been particularly significant this year, but the data surprise index in Europe has recently started recovering." "Barring further… 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.
