The Euro area economy clearly lost momentum in early 2018 as the EZ PMI composite index has fallen from a peak of 58.8 in January 2018 to 54.1 in May, an eighteen month low, points out the research team at RBS. Key Quotes “Weakness was widespread. Rising fears of a global trade war and increased political tensions in Italy pose downside risks but the softer Euro is a supportive factor particularly for manufacturers. The European Central Bank are predicting a temporary slowdown, pointing to QE exit by end-18.” 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 Ripple price analysis: XRP/USD plummets over 12% in a single week; Ripple’s Daniel Aranda elaborates the “Internet of Value” at a blockchain summit in London FX Street 3 years The Euro area economy clearly lost momentum in early 2018 as the EZ PMI composite index has fallen from a peak of 58.8 in January 2018 to 54.1 in May, an eighteen month low, points out the research team at RBS. Key Quotes "Weakness was widespread. Rising fears of a global trade war and increased political tensions in Italy pose downside risks but the softer Euro is a supportive factor particularly for manufacturers. The European Central Bank are predicting a temporary slowdown, pointing to QE exit by end-18." Top 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.
