OECD lowers 2019 global growth forecast to 3.5% from 3.7%

Reuters Is out with the key highlights from the latest OECD global growth forecast report.

  • 2018 global growth forecast unchanged at 3.7%
  • 2020 global growth forecast seen at 3.5%
  • 2018 US growth forecast unchanged at 2.9%
  • 2019 US growth forecast unchanged at 2.7%
  • 2018 Eurozone growth forecast seen at 1.9% (previously 2.0%)
  • 2019 Eurozone growth forecast seen at 1.8% (previously 1.9%)
  • 2018 China growth forecast seen at 6.6% (previously 6.7%)
  • 2019 China growth forecast seen at 6.3% (previously 6.4%)

EUR/JPY Technical Analysis: Stays negative below the resistance line at 129.31

EUR/JPY daily chart                                   EUR/JPY Overview:     Last Price: 128.58     Daily change: 44 pips     
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