09/10/2018

The International Monetary Fund reduces its global growth forecast.

Trade tensions between the US and its trading partners and Brexit are tarnishing global and European growth forecasts.

The International Monetary Fund reduces its global growth forecast.

The IMF has therefore announced a reduction in its global growth forecasts even if they remain high. In fact, it now forecasts growth of 3.7% for 2018 and 2019, while forecasting an initial growth of 3.9%.

 

The International Monetary Fund has also lowered its growth forecasts for the euro area for 2018. Brexit uncertainty, Italy-related tensions and the slowdown in European exports have impacted growth forecasts. These should therefore be around 2% this year instead of 2.2%.

 

As for the United States, growth will be good (2.4%) in 2018 thanks to tax cuts but it should decrease next year because of the trade war they are waging with China.

News See all
Here you will find important information on economic and financial news as well as information that may have an impact on your investments in gold or foreign currencies
The Gold Risks: Shine Without Stumbling in Gold Investments
2024-05-29

The Gold Risks: Shine Without Stumbling in Gold Investments

In the complex and sometimes tumultuous world of investments, gold shines as a safe haven, an anchor of security in a sea of volatility. However, investing in gold is...
Investing in gold - part 3: The different factors influencing the price of gold
2024-05-08

Investing in gold - part 3: The different factors...

The first steps towards investing in gold - part 3: The different factors influencing the price of gold
Gold Investment: Comparing Mining Stocks and Physical Gold
2024-04-23

Gold Investment: Comparing Mining Stocks and Physical Gold

In today's financial landscape, the allure of physical gold is in the spotlight. It offers a robust investment alternative to the...
Rising Safe Deposit Box Charges?
2024-04-22

Rising Safe Deposit Box Charges?

A major Belgian bank recently announced a significant increase in the rental fees for its safety deposit boxes, effectively doubling the costs for its entire range. This price hike came into effect...