Danske Bank analysts point out that the IMF published its new world economic outlook yesterday with a lowering of its global GDP growth estimate to 3% for this year (from 3.3% in April), with a small rebound to 3.4% next year (3.6% in April), with the rebound driven by a number of EM countries. Key Quotes “Furthermore, IMF said that global central banks only had ‘limited ammunition’ to fight a recession and that central bank stimuli can only offset part of the damage caused by protectionism.” “Overall, the IMF struck a generally downbeat tone with significant challenges ahead for the global economy, pointing to primarily trade, geopolitical tensions, no-deal Brexit and persistently weak economic data as triggers.” 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 DUP unlikely to support anything that is negotiable FX Street 4 years Danske Bank analysts point out that the IMF published its new world economic outlook yesterday with a lowering of its global GDP growth estimate to 3% for this year (from 3.3% in April), with a small rebound to 3.4% next year (3.6% in April), with the rebound driven by a number of EM countries. Key Quotes "Furthermore, IMF said that global central banks only had 'limited ammunition' to fight a recession and that central bank stimuli can only offset part of the damage caused by protectionism." "Overall, the IMF struck a generally downbeat tone with significant challenges ahead for the… 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.
