The IMF announced today that it expects global growth this year of 3.5%, down from 3.7% in 2018 and from the 3.7% it had forecast for 2019 back in October, and is trimming the growth outlook for the Euro-zone currency to 1.6% from 1.8%, but for now, keeping its prediction for US growth this year unchanged at 2.5%. Growth in emergingmarket countries is forecast to slow to 4.5% from 4.6% in 2018. The IMF expects the Chinese economy to grow 6.2% this year, down from 6.6% in 2018 and slowest since 1990.
012119 CGI Global Weekly FI & Forex Strategy Update -compressed