Several Downside Risks Affecting Global Economy: BOJ Gov Kuroda - Forex News by FX Leaders

Several Downside Risks Affecting Global Economy: BOJ Gov Kuroda

Posted Monday, May 27, 2019 by
Arslan Butt • 1 min read

Bank of Japan Governor Kuroda has raised caution about the current uncertainty clouding global economic outlook and potential downside risks that weigh on markets internationally. Kuroda highlighted his concerns while speaking at a seminar, adding that trade will remain in focus during this year’s upcoming G20 meeting.

According to Kuroda, factors that can have an adverse impact on the global economy include escalating trade tensions between US and China, a slowdown in China’s economy as well as Brexit uncertainties. He also added that bilateral trade agreements do not offer adequate correction to rectify trade imbalances between countries.

Japan is set to host a meeting of G20 finance ministers and central bankers on June 8 and 9 ahead of the upcoming G20 Summit slated to be held in Osaka on 28-29 June.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies

About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
Related Articles
Comments

Leave a Reply

avatar
  Subscribe  
Notify of