According to analysts at NAB, global economic trends globally have generally softened with growth in major advanced and emerging market economies slowing in Q4, and more timely indicators point to further slowing early in 2019. Key Quotes “The slowdown in growth goes beyond trade issues, with weak domestic demand in a range of countries. This broad based deterioration suggests that the any economic benefits derived from a cooling in US-China trade tensions should not be overstated.” “Financial markets have continued to recover, partly on the back of more dovish monetary policy expectations. Given the recent negative trends, we have revised our growth forecasts lower for 2019 to a sub-trend 3.4%.” “Our leading indicator implies further weakness through to the middle of 2019, and suggests the risk to our forecasts is on the downside. That said we expect growth to stabilise into 2020 – in part due to the dovish turn in policy settings.” 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/INR Technical Analysis: Hits lowest since Aug. 10 FX Street 4 years According to analysts at NAB, global economic trends globally have generally softened with growth in major advanced and emerging market economies slowing in Q4, and more timely indicators point to further slowing early in 2019. Key Quotes "The slowdown in growth goes beyond trade issues, with weak domestic demand in a range of countries. This broad based deterioration suggests that the any economic benefits derived from a cooling in US-China trade tensions should not be overstated." "Financial markets have continued to recover, partly on the back of more dovish monetary policy expectations.… 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.
