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Several Downside Risks Affecting Global Economy: BOJ Gov Kuroda

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.

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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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