JPMorgan cuts US GDP estimates for 2022 and 2023
JP Morgan cut its expectation for US real Gross Domestic Product (GDP) for the second
Financial and Business News
JP Morgan cut its expectation for US real Gross Domestic Product (GDP) for the second
US Dollar Index (DXY) is at 20-year highs. Still, economists at Bank of America Global
Euro area economy grew by 5.1% (YoY) in the first quarter. EUR/USD continues to push
“Goldman Sachs Group Inc. economists cut their forecasts for US growth for this year and
EUR/USD seesaws in a tight range after bouncing off 2017 lows. Inflation, economic fears regain
USD/CAD gained traction for the third straight day and climbed to a fresh YTD high
BoE Monetary Policy Decision – Overview The Bank of England (BoE) is scheduled to announce
Data released on Wednesday showed the ISM Service Sector dropped unexpectedly to 57.1 in April.
The Eurozone economy expanded by 0.2% on the quarter in the three months to March of 2022,
The Chinese renminbi has rapidly weakened against the US dollar recently. Downside risks to global