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9 Jan 2020

Global growth likely at 3.3% in 2020 – Standard Chartered

Analysts at Standard Chartered Bank are forecasting global growth at 3.3% in 2020, slightly higher than their 3.1% estimate for 2019.

Key Quotes

“Structural drags in the 2020s include debt overhang, demographics and deglobalisation.”

“Cyclical positives – lagged impact of global ‘dovish wave’ in 2019, fiscal support, likely improvement in electronics cycle, and likelihood of US-China trade deal in 2020 – should counter structural drags.”

Jan 9, 2020

EUR/USD Technical Analysis: Negative below the 55-day SMA

EUR/USD faded the initial optimism on the back of the renewed sentiment in the risk-associated complex. The bullish move that started in early Decembe
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Jan 9, 2020

Canada: Housing starts and BoC Governor Poloz in limelight – TDS

TD Securities analysts suggest that BoC’s Governor Poloz will hold a fireside chat to discuss the economic outlook for his first public comments of 20
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