Global growth will be driven this year by a rebound in advanced economies that benefit from lower oil prices, while the economic situation will remain sluggish in the emerging market and developing economies, the International Monetary Fund said in a repor. In its twice-yearly World Economic Outlook, the IMF retained the world growth forecast for this year at 3.5 percent. The lender raised the growth forecast for next year to 3.8 percent ...
While the Forex market has been quiet, you have no doubt been aware of the World Cup 2014 in Brazil? If you’ve been looking for somewhere full of excitement and volatility then you haven’t had to look much further than the greatest show on earth! At the time of writing this article, I am anticipating a fantastic final between Germany and Argentina. By the time you read this piece, we will have our World Cup champions. It has, without a doubt being the greatest World Cup I’ve ever seen. ...
German Bonds Gain Pushes 10-Year Yields to 13-Month Low on Iraq Germany’s 10-year government bonds advanced for a third day, pushing the yield to the lowest in 13 months, as escalating violence from the Middle East to Ukraine fueled demand for the securities as a haven. German bunds rose even as a report showed consumer confidence in Europe’s largest economy will climb in July to the highest since 2006. Bunds outperformed their Italian counterparts as Italy began ...
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