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Economic Forecast - Macro watch | ECB downgrades 2019 growth outlook; euro to weaken as monetary accommodation to continue
The European Central Bank (ECB) has downgraded its assessment of domestic economic situation ... On March 7, ECB downgraded its 2019 GDP growth outlook for the eurozone area to 1.1 percent from 1.7 pe...
PSEi drops amid fears of global economic slowdown
“Philippine shares quietly traded on the downside as the European Central Bank (ECB) cut Eurozone forecast and the Euro-USD plunged ... that these support mechanisms point to ECB’s weaker economic gro...
China's 21% plunge in exports shows weakening global economy
If the two governments "finalize a trade deal soon, the outlook for exports remains gloomy," he said ... The International Monetary Fund expects global economic growth to decline this year. And the Eu...
ECB pushes back rate hikes as Mario Draghi warns of slowing economy
Commenting on the ECB's latest move to stimulate the European economy, Draghi said the central bank had slashed its forecast for growth in the eurozone in 2019 to 1.1%. It was previously projecting gr...
The global UHNWI population is forecast to grow by 22% over the next five years
“Despite a darkening economic outlook, wealth creation will remain a constant in 2019,” predicts Knight Frank in its new Wealth Report. “The global UHNWI population is forecast to rise by 22% over the ...