News | Forex Optimum

News

News

IMF predicts global economy to grow 6% in 2021 and 4.9% in 2022

  • IMF's 2021 global growth forecast is unchanged from April
  • A 0.5 ppt upgrade for 2022 projection was largely due to forecast upgrade for advanced economies
  • U.S. 2021 growth forecast was revised to 7.0% from 6.4% in April and 2022 growth forecast was revised at 4.9% from 3.5% seen previously
  • Eurozone 2021 growth forecast was revised to 4.6% from 4.4% in April and 2022 growth forecast was revised at 4.3% from 3.8% previously
  • China's 2021 growth forecast was revised to 8.1% from 8.4% in April and 2022 growth forecast was revised to 5.7% from 5.6% previously
  • UK 2021 growth forecast was revised to 7.0% from 5.3% in April and 2022 growth forecast was revised to 4.8% from 5.1% previously 
  • Recent price pressures for most part reflect unusual pandemic-related developments and transitory supply-demand mismatches
  • Inflation is expected to return to its pre-pandemic ranges in most countries in 2022 once these disturbances work their way through prices
  • Central banks should generally look through transitory inflation pressures and avoid tightening until there is more clarity on underlying price dynamics
  • Risks around the global baseline are to the downside
  • Slower-than-anticipated vaccine rollout would allow the virus to mutate further
  • Financial conditions could tighten rapidly, for instance from reassessment of monetary policy outlook in advanced economies if inflation expectations increase more rapidly than forecast

You may also be interested:

14:38 22.09.2021
Gold needs to close above $1834 to extend its recovery - Commerzbank
FXStreet reports that Gold (XAU/USD) has recovered from support at $1750/43 and Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, suggests the yellow metal looks set to range further.“Gold has sold off to $1750, the 29th June low, it traded below there but most importantly did not close below here and the market is attempting to recover.”“We have extensive resistance from $1795 to $1834 (55, 200-day moving averages and highs since July) and we look for rallies to struggle
14:16 22.09.2021
U.S. weekly mortgage applications jump 4.9 percent
The Mortgage Bankers Association (MBA) reported on Wednesday the mortgage application volume in the U.S. surged 4.9 percent in the week ended September 17, following a 0.3 percent gain in the previous week.According to the report, applications to purchase a home rose 2.2 percent, while refinance applications climbed 6.5 percent. Meanwhile, the average fixed 30-year mortgage rate remained unchanged at 3.03. “There was a resurgence in mortgage applications the week after
13:56 22.09.2021
GBP/USD faces solid support at 1.3600 - UOB
FXStreet reports that FX Strategists at UOB Group suggest that Cable risks a deeper pullback to the 1.3600-region in the next weeks.24-hour view: “GBP traded in a relatively quiet manner within a 1.3641/1.3692 range yesterday before closing largely unchanged at 1.3661 (+0.03%). Despite the quiet price actions, the underlying tone appears to have weakened and break of the 1.3640 support appears likely. Barring a surge in downward momentum, the August’s low near 1.3600 is unlikely to come into the
Deposit
options
Trading
platform
download
Bonuses VIP