OctaFX | OctaFX Forex Broker
Open trading account
Back

China slowdown to negatively impact our Autumn Forecast - EU Dombrovskis

FXStreet (Mumbai) - In an interview with the German daily Handelsblatt on Wednesday, European Commission Vice President Valdis Dombrovskis noted that the economic slowdown in China is expected to pose downside risks to the Union’s H2 2015 economic forecasts.

Key Quotes:

"The external growth risks have increased."

"The economic slowdown in China, the problems with Ukraine and Russia and the instability in the Middle East are risk factors. We will consider these in our Autumn Forecast which comes out in November."

Oil prices likely to stay volatile – World Bank

The World Bank on Wednesday said the oil prices are likely to stay extremely volatile but maintained its bearish view.
Read more Previous

GBP/USD: Bear grip loosens, spikes to 1.5213 and falls

The bears finally appear to have loosened their grip on Sterling, allowing for a technical correction in the GBP/USD pair. The spot now trades around 1.52 levels.
Read more Next
Start livechat