Germany’s Ifo cuts 2022 GDP growth forecast to 2.5%
Germany’s Ifo economic institute slash the country’s 2021 GDP growth forecast by 0.8 percentage points
Financial and Business News
Germany’s Ifo economic institute slash the country’s 2021 GDP growth forecast by 0.8 percentage points
GBP/USD witnessed some selling on Thursday and eroded a part of the overnight gains. A
Goldman Sachs projects only a modest impact of US President Joe Biden’s new vaccine mandate
AUD/USD drops over 15 pips to refresh intraday low. RBA’s Lowe rejects rate hike concerns
“Main downside risks are new delta outbreaks, new strains of virus,” said Reserve Bank of
AUD/USD steps back from intraday high but seesaws around 50-DMA for the fourth day. Uptick
NZD/USD refreshes intraday low, snaps two-day recovery moves. NZIER revises down near-term outlook but strikes
In coronavirus, there are fresh updates for Australia, New Zealand and China For Australia, the
NZD/USD consolidates gains marked during the last three weeks in a choppy range. Market sentiment
AUD/USD stays pressured around weekly low despite defending 0.7350. Covid woes remain elevated but USD