After a positive start to the week, Asian equities fell today amid rising concerns over the global economic outlook. The market is currently being driven by the daily news feed. An example of this, is the caution observed over the latest revised growth estimates from the IMF. The fund lowered its growth expectation for the global economy by 0.2% for 2019 and 0.1% for 2020 to 3.5% and 3.6% respectively. This was the second downturn revision in three months, and we can still see further downgrades in near future if trade tensions escalate, the UK exits with a no-deal from the EU, or China’s… Read More
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