Market Overview

8 May 2019

Growth Continues in the European Economy

The European Commission released its Spring 2019 Economic Forecast today, stating that growth in the European economy may continue at a more moderate pace. This continuation of growth is expected for a seventh year in a row as real GDP is expected to grow in all EU Member States. Even though there is uncertainty on a global scale, the domestic tendencies are expected to support the European economy and growth may gather speed in 2020.

The main points of the Economic Forecast are as follows:

·         Economic activity in the EU slowed further in the second half of 2018 and was extended at the start of 2019. Domestic demand was less affected and, as a result, employment growth is expected to continue in the Euro area but at a slower pace.

·         From 1.9 percent in 2018, the GDP growth in the Euro area is expected to moderate to 1.2 percent this year and may pick up to 1.5 percent.

·         Global GDP growth outside the EU is expected to decrease from 3.9 percent in 2018 to 3.6 percent in 2019.

·         Investment is forecast to continue growing but at a slower annual pace.

·         Euro area exports are likely to remain sluggish in the near term.

·         Inflation is expected, on average, to be at 1.4 percent for 2019 and 2020. This was the rate of inflation for the first quarter of this year.

These forecasts are based on the assumption that trade and policy uncertainty will clear, or at least not escalate.

View the complete forecast at https://ec.europa.eu/info/sites/info/files/economy-finance/ip102_en.pdf

Disclaimer:

Analysis and opinions provided herein are intended solely for informational and educational purposes and don't represent a recommendation or investment advice by TeleTrade. Indiscriminate reliance on illustrative or informational materials may lead to losses.

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer.

Open Forex Demo Account
I understand and accept the Privacy Policy and agree that my name and contact details can be used by TeleTrade to contact me about the information I have selected.
37 International Awards
Have a question?

We are ready to assist you in every step of your trading experience
by providing 24/5 multilingual customer support.

Follow us

Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.

© 2011-2020 TeleTrade-DJ International Consulting Ltd

TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and is licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

The content on this website is for information purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

TeleTrade cooperates exclusively with regulated financial institutions for the safekeeping of clients' funds. Please see the entire list of banks and payment service providers entrusted with the handling of clients' funds.

Please read our full Terms of Use.

To maximise our visitors' browsing experience, TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. You may change your cookie consent or view our cookie declaration here.

TeleTrade-DJ International Consulting Ltd currently provides its services on a cross-border basis, within EEA states (except Belgium) under the MiFID passporting regime, and in selected 3rd countries. TeleTrade does not provide its services to residents or nationals of the USA.

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.