In short, the bank’s analysts believe that there is a possible path to a soft landing, but that this will be dependent on the Fed being able to tweak policy “just right” in order to stay on track. Even Larry Summers, who has previously stated that a recession was inevitable, has recently softened his own…
Read more
International multi-asset broker HotForex has expanded its offering with the launch of exchange-traded funds (ETFs) and direct market access (DMA) stocks, exclusive to the company’s MT5 platform. Traders on HotForex can now benefit from CFDs on DMA Stocks and the direct market live pricing. Unlike CFDs on Stocks, which are not directly hedged in the underlying…
Read more
In the UK, 33% of firms expect the economy to shrink and over 14% expect it to contract by 1-3%. Another 6% believe the UK economy will stay flat with no growth. In the US, 16% of firms expect the economy will shrink in 2020, most likely by 1-3% (7%) and 6% also expect it…
Read more