The global economy is now in the midst of an unprecedented synchronised slowdown. New Zealand will experience a recession this year, and it could be deep, according to analysts at ANZ Research. Key quotes “GDP grew 0.5% q/q in Q4 2019, a little stronger than we expected but in line with market. Per capita GDP growth was modest (0.1%).” “Annual growth slowed form 2.3% y/y to 1.8%.” “We are now at the beginning of a significant economic downturn. Our best guess is that GDP will fall 3-4% this year, though the outlook is highly uncertain.” 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 EUR/USD: Positive above the 1.0782/74 uptrend – Commerzbank FX Street 2 years The global economy is now in the midst of an unprecedented synchronised slowdown. New Zealand will experience a recession this year, and it could be deep, according to analysts at ANZ Research. Key quotes “GDP grew 0.5% q/q in Q4 2019, a little stronger than we expected but in line with market. Per capita GDP growth was modest (0.1%).” “Annual growth slowed form 2.3% y/y to 1.8%.” “We are now at the beginning of a significant economic downturn. Our best guess is that GDP will fall 3-4% this year, though the outlook is highly uncertain.” 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.
