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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Reduced Global Economic Growth Forecast of World Bank in 2017

January, 11 2017
watermark Economic news

    The global economic forecast from World bank decreased by 0.1 percentage point. Reports released on Wednesday stated the figures will be 2.7% in 2017 and 2.9% in 2018. As for 2016, its global GDP forecast decreased by 0.1 percentage point to 2.3%.

    On the positive side, the Emerging market and developing countries are anticipated to gain its momentum in 2017 despite concerns related to commodity exports and domestic demand for commodity imports. Although there are associated risks such as uncertainty to policies of developed economies and sluggish growth. Moreover, the effects of fiscal stimulus and other policies could have a heavier effect more than expected.


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.