OctaFX | OctaFX Forex Broker
Open trading account

US: Economy peaking – AmpGFX

In view of Greg Gibbs, analyst at Amplifying Global FX Capital, the US economy may have reached peak growth and equity market out-performance in 2018 and the growth is likely to slow over the coming year. 

Key Quotes

“The corporate tax cuts supported equities directly, and the overall fiscal expansion boosted economic growth.  The positive effects of this stimulus are still playing out, but they are likely to be past their peak.  As such economic growth and activity indicators are likely to show weaker growth over the coming year.”

“Furthermore, the lower oil price and slowing tech sectors are likely to have more of a dampening impact on the US economy and equities than many other developed and emerging economies.”

US: Focus on Fed speak today – TDS

Analysts at TD Securities suggest that there are a number of Fed officials scheduled to speak including Powell, Clarida, Bullard, Barkin, Evans and Ka
Read more Previous

UK PM spokesman: May still working to get further assurance from EU on Brexit deal

The UK PM spokesman, James Slack was out with some comments in the last hour and said that PM May is working to get further assurance from the EU on B
Read more Next
Start livechat