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Economic Forecast - GBP/USD Forecast: Technical trading opportunities ahead of central bank meetings
The global economic outlook continues to worsen with coronavirus-related restrictions in China weighing on the activity and escalating geopolitical tensions force investors to adopt a cautious stance.
Economic Data from Germany and the Eurozone Weigh on the EUR
In March, retail sales slipped by 0.1%, partially reversing a 0.3% rise from February. Economists had forecast a 0.3% increase. According to Destatis, retail sales were 2.7% lower compared with March ...
The State of the Nation: Bleaker global economic outlook to impact Malaysia’s growth
“Given that Bank Negara Malaysia forecasts for Malaysia’s [economic growth] assume global growth between 3.8% and 4.3%, there are downside risks [to the country’s GDP growth],” she observes. The ...
HSBC profit falls on credit charges as economic outlook worsens
HSBC has shelved plans for fresh stock buybacks this year after reporting an unexpected hit to its capital on Tuesday, as a cocktail of rising inflation, geopolitical drama and economic weakness ...
Russia's economic outlook worsens: central bank survey
Russia's economic outlook has worsened as a central bank survey on Thursday showed a deeper contraction than previously expected and inflation soaring to 22 percent this year.