Analysts at Australia and New Zealand Banking Group Limited, (ANZ) have explained that the ANZ Global Lead Index (GLI) and Growth Trackers suggest momentum has passed its peak. Key Quotes: “Trade disputes between the US and its main trading partners are not being resolved quickly and are becoming more ingrained – raising downside growth risks. “US core inflation has returned to target and is trending gradually higher with firmer wage growth.” “Elsewhere core inflation remains below target and subdued. Higher oil prices and tariffs will feed through into higher headline inflation in the short term, but these developments are effectively taxing growth so could be disinflationary longer term.” “Financial conditions remain accommodative. We expect the Fed to continue on its path of gradual normalisation. Other central banks are slowly turning towards normalising.” 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 Minerals and energy outlook – July 2018 – NAB FX Street 3 years Analysts at Australia and New Zealand Banking Group Limited, (ANZ) have explained that the ANZ Global Lead Index (GLI) and Growth Trackers suggest momentum has passed its peak. Key Quotes: "Trade disputes between the US and its main trading partners are not being resolved quickly and are becoming more ingrained - raising downside growth risks. "US core inflation has returned to target and is trending gradually higher with firmer wage growth." "Elsewhere core inflation remains below target and subdued. Higher oil prices and tariffs will feed through into higher headline inflation in the short term, but these developments are effectively… Top 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.
