Recession Archives - FX Leaders

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The Australian economy fell into contraction during Q1 2020 and raises worries that the country could enter its first technical recession in Full Article

18 hours

The impact of the coronavirus pandemic on the US economy is likely to remain for around 10 years and could erase up to $8 trillion worth of Full Article

2 days

RBA governor Philip Lowe delivered some optimistic remarks about the Australian economy recently when he let on that employment levels in Full Article

7 days

Economists polled by Reuters anticipate a gloomier outlook for the global economy this year than previously forecast, in the wake of the Full Article

1 week

Singapore's trade ministry has once again downgraded GDP forecasts for this year, in anticipation of what could be the worst ever economic Full Article

1 week

Britain is headed into the most severe economic recession in hundreds of years as a result of the coronavirus pandemic, according to a poll Full Article

2 Wks.

China has started its fresh Parliament session by removing its annual growth target for this year for the first time on record, even as Full Article

2 Wks.

The global economy is expected to experience a recession for an extended period of time as a result of the ongoing coronavirus pandemic Full Article

2 Wks.

Japan's finance minister Taro Aso has warned that his country's economy could face significant downward pressure in the current quarter Full Article

2 Wks.

The minutes from RBA's latest meeting reveal the central bank admitting that Australia's economy is set to experience an unprecedented Full Article

2 Wks.

Japan's GDP data is out and officially reveals the first recession in the world's third largest economy in over four years. Japan's economy Full Article

2 Wks.

At the beginning of a fresh trading week, gold prices are making gains and rising over worries about tensions between the US and China Full Article

2 Wks.

A recent Reuters poll indicates a worsening outlook for the US economy in the coming months and an even longer road to recovery in the wake Full Article

3 Wks.

The IMF has cautioned that the contraction in the global economy could be more severe than expected as consumer consumption is likely to Full Article

3 Wks.

The European Bank for Reconstruction and Development (EBRD) has forecast a severe contraction in economies of 37 countries across Europe Full Article

3 Wks.
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