According to analysts at NAB, global growth slowdown has extended into Q4 last year with growth in the US expected to have come off its 2018 high, while China and the Euro-zone leading the way lower. Key Quotes “Early indicators point to a further softening in the global economy into early 2019. Given the softer economic conditions, expectations around major central bank monetary policy has become more dovish, helping to reverse some of the deterioration in financial conditions that occurred in late 2018.” “Our forecasts for global growth have been revised marginally lower in 2019 – down to the long term trend rate of 3.5% (from 3.6% previously).” “Slower growth in the US, the Euro-zone and China are the key drivers of this trend.” “We expect growth to stabilise at this level in 2020, partly as a result of a dovish shift in policy.” 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 Goldman Sachs: March 29 deadline likely to be extended for Brexit deal FX Street 3 years According to analysts at NAB, global growth slowdown has extended into Q4 last year with growth in the US expected to have come off its 2018 high, while China and the Euro-zone leading the way lower. Key Quotes "Early indicators point to a further softening in the global economy into early 2019. Given the softer economic conditions, expectations around major central bank monetary policy has become more dovish, helping to reverse some of the deterioration in financial conditions that occurred in late 2018." "Our forecasts for global growth have been revised marginally lower in 2019 - down to the long… 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.
