The International Monetary Fund (IMF) on Wednesday lowered its 2019 growth forecasts for the Asian economy to 5% from 5.4% projection made in April. The Fund has also revised the 2020 growth forecast lower to 5.1% from 5.4%. The global economy’s growth rate is seen cooling to 3% – the weakest since 2008 – down from 3.2% in a July forecast. The downward revision of the Asian growth forecasts could bode well for the anti-risk assets like Japanese Yen and Gold. 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 Ethereum price analysis: ETH/USD lacks the momentum needed to break above downward trending line FX Street 3 years The International Monetary Fund (IMF) on Wednesday lowered its 2019 growth forecasts for the Asian economy to 5% from 5.4% projection made in April. The Fund has also revised the 2020 growth forecast lower to 5.1% from 5.4%. The global economy's growth rate is seen cooling to 3% - the weakest since 2008 - down from 3.2% in a July forecast. The downward revision of the Asian growth forecasts could bode well for the anti-risk assets like Japanese Yen and Gold. 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.
