The global economy may have bottomed out already and sequential growth will likely pick up from here, according to Goldman Sachs Group Inc, Chief Economist Jan Hatzius. While growth remains soft, Goldman’s current activity indicator in February is slightly above the downwardly revised December and January numbers. Key points Positive on risk assets but upside probably lower now. Retain bearish view on the USD, courtesy of dovish Fed. Tentative positive signs of a turn around for China growth, Europe remains the weakest region. Lower change of a Fed move in the next 6 to 9 months. 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/JPY sticking to a narrow range in Tokyo, consolidating 80 pip sell-off FX Street 4 years The global economy may have bottomed out already and sequential growth will likely pick up from here, according to Goldman Sachs Group Inc, Chief Economist Jan Hatzius. While growth remains soft, Goldman's current activity indicator in February is slightly above the downwardly revised December and January numbers. Key points Positive on risk assets but upside probably lower now. Retain bearish view on the USD, courtesy of dovish Fed. Tentative positive signs of a turn around for China growth, Europe remains the weakest region. Lower change of a Fed move in the next 6 to 9 months. 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.
