News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Wall Street
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Trading bias allows traders to make informative decisions when dealing in the market. This relates to both novice and experienced traders alike. Start learning how you may be able to make more informed decisions here:
  • GBP/USD’s consolidation could end soon if price breaks out of a symmetrical triangle in play since July. At this time, a downside breakout is likely following the appearance of a death cross. Get your weekly $GBP forecast from @DColmanFX here:
  • Greed is a natural human emotion that affects individuals to varying degrees. Unfortunately, when viewed in the context of trading, greed has proven to be a hindrance more often than it has assisted traders. Learn how to control greed in trading here:
  • The Federal Reserve rate decision is likely to sway the near-term outlook for the price of gold as the central bank appears to be on track to scale back monetary support. Get your weekly gold forecast from @DavidJSong here:
  • Forex liquidity makes it easy for traders to sell and buy currencies without delay, and also creates tight spreads for favorable quotes. Low costs and large scope to various markets make it the most frequently traded market in the world. Learn more here:
  • Forex quotes reflect the price of different currencies at any point in time. Since a trader’s profit or loss is determined by movements in price, it is essential to develop a sound understanding of how to read currency pairs. Learn how to read quotes here:
  • A currency carry trade involves borrowing a low-yielding currency in order to buy a higher yielding currency in an attempt to profit from the interest rate differential. Find out if the carry trade suits your trading style here:
  • Get your snapshot update of the of top level exchanges and key index performance from around the globe here:
  • RT @FxWestwater: Japanese Yen Forecast: JPY Crosses Eye BoJ, CPI as Haven Flows Bolster Yen Strength Link: https:/…
  • Traders utilize varying time frames to speculate in the forex market. The two most common are long- and short-term-time frames which transmits through to trend and trigger charts. Learn more about time-frame analysis here:
IMF Warns of Risks to Global Growth, Advance Economies to Fall Sharply

IMF Warns of Risks to Global Growth, Advance Economies to Fall Sharply

Nick Cawley, Strategist
  • Global growth for 2019 trimmed by 0.2% to 3.5% from October’s projections.
  • China’s growth slowdown could be ‘faster than expected if trade tensions continue’.

See all the DailyFX Q1 2019 Forecasts including the Euro, US dollar, Sterling and Oil.

Euro, US Dollar and IMF Growth Forecasts

The Euro took a small leg lower after the IMF released its latest growth forecasts, and it’s not a rosy outlook across the board. Advanced economies are set to grow by 2.3% in 2018, by 2.0% in 2019 and just 1.7% in 2020, according to the release. The United States is expected to see growth drop to 2.5% this year and 1.8% in 2020, China is expected to fall from 6.6% in 2018 to 6.2% in the next two years, while the Euro Area is projected to grow by 1.6% this year and 1.7% in 2020. Average oil prices are projected at just below $60/bbl. in 2019 and 2020, down from $66/bbl. and $69/bbl. respectively in the October forecast.

Crude Oil Price Eyes China Slowdown, IMF Growth Outlook Update

Brent Crude Oil Daily Price (April 2018 – January 21, 2019)

IMF Warns of Risks to Global Growth, Advance Economies to Fall Sharply

IMF Warns of ‘Further Deterioration in Risk Sentiment’

According to the IMF,Risks to global growth tilt to the downside. An escalation of trade tensions beyond those already incorporated in the forecast remains a key source of risk to the outlook. Financial conditions have already tightened since the fall. A range of triggers beyond escalating trade tensions could spark a further deterioration in risk sentiment with adverse growth implications, especially given the high levels of public and private debt. These potential triggers include a “no-deal” withdrawal of the United Kingdom from the European Union and a greater-than-envisaged slowdown in China’.

GBPUSD Drops Ahead of Brexit Plan B

ECB Policy Meeting and Heavyweight German Data

Ahead this week we have important German ZEW and Ifo data, Tuesday and Friday respectively, along with the latest ECB monetary policy decision on Thursday where the central bank will leave all policy levers untouched. However, ECB President Mario Draghi may be in for a slightly uncomfortable press conference post-decision, with questions expected on how the central bank will try and boost inflation and growth now that the quantitative easing has ended.

DailyFX Economic Calendar

Traders may be interested in two of our trading guides – Traits of Successful Traders and Top Trading Lessons – while technical analysts are likely to be interested in our latest Elliott Wave Guide.

What is your view on global growth – in line with the IMF? You can let us know via the form at the end of this piece or you can contact the author at nicholas.cawley@ig.comor via Twitter @nickcawley1.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.