Fx trading News: Davos Forum: More than half of CEOs expect global economic growth to slow this year!


2020-01-22 12:39      from:CAPSTONE    author:Jack

Capstone Forex Trading News: An annual survey released by PricewaterhouseCoopers (PwC) on Monday showed that more than half of the CEOs expect global economic growth to slow this year, which is very different from boosting confidence in the stock market.
PricewaterhouseCoopers announced its investigation report before the World Economic Forum (WEF) annual meeting in Davos. The report shows that 53% of CEOs from around the world predict that the global economic growth rate will decline. This is the most pessimistic situation since the question was asked in 2012. The previous year's report was 29%.

Capstone Forex Trading
However, under the melting of Sino-US trade tensions, the stock prices of many major companies are hovering near record highs. A recent Deutsche Bank report said that investors who bet on a rebound in global economic growth are now experiencing the largest stock exposure in two years.
PricewaterhouseCoopers visited 1,581 CEOs from 83 countries in September-October 2019, after which China and the United States signed the first phase of the agreement, and geopolitical risks such as a hard Brexit also subsided.
Only 27% of the CEOs surveyed said they were "very confident" in the company's growth over the next 12 months, the lowest level since 2009. Last year it was 35%.
PricewaterhouseCoopers said that based on the findings of the survey, global economic growth may slow to 2.4% in 2020.
"Given uncertainties such as trade tensions, geopolitical issues, and a lack of consensus on how to respond to climate change, the drop in confidence in economic growth is not surprising-even if the mood has changed so much," Puhua Bob Moritz, global chairman of the firm, said.
PricewaterhouseCoopers said CEOs are also increasingly concerned about cyber threats and climate change. More than two-thirds of the CEOs interviewed believe that governments will introduce new regulations to regulate social platform content and split the dominant technology companies.

Why Choose Capstone Online CFD Trading?
* EURUSD Avg spread of 0.1 pips is the best in the world
* Starting Deposit $100
* Leverage up to 1:400
* Transfer your funds securely with 0% Commission
* Average execution speeds of under 45ms*
* Our diverse and proprietary liquidity mix keeps spreads tight 24/5


Got a Question? Contact us now

Liquidity providers:

  • Morgan Stanley
  • Nomura Holdings
  • RBC Royal Bank
  • Royal Bank of Scotland
  • Société Générale
  • UBS
  • Bank of America
  • Barclays
  • BNP Paribas
  • Citadel
  • Citibank
  • Commerzbank
  • Credit Suisse
  • Deutsche Bank
  • Goldman Sachs
  • JPMorgan Chase & Co.
  • KCG
  • Macquarie Group

Capstone forex facebook Capstone forex twitter Capstone forex instagram Capstone forex linkedIn Capstone forex Youtube

Margin FX and CFDs are leveraged products that can result in losses exceeding your initial deposit.They are not suitable for everyone,please make sure that you fully understand the risks involved.

Before you open an account and make a deposit with Capstone,please ensure to look through our legal documents, and based on your personal financial situation, confirm if you have fully understand the risks involved in FX trading.

The information on this site is not directed at residents of the United States, Japan, Afghanistan, Algeria, Angola, Bosnia and Herzegovina, Canada, Cuba, Guyana, Iran, Iraq, Lao PDR, Myanmar, North Korea, Papua New Guinea, Sudan, Syria, Uganda, Yemen or any particular country outside Australia and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law and regulation.

There are business partners:fund custodian Banks,liquidity providers – Banks,ECNs, etc.,trading and technical support companies,market news and data providers,etc.,who establish cooperation relations with Capstone through the website directly or indirectly.Among them,all these trading names and icons of the cooperative merchants are owned by themselves and have nothing to do with Capstone.

Capstone Global is a group of companies which include Capstone Global Australis Pty Ltd, an ASIC regulated provider of CFD and Forex trading services (ABN 95 612 024 889, AFS License No. 494799) and Capstone Global Markets LLC. which is a registered company of St. Vincent and the Grenadines, Limited Liability Number 119 LLC 2019. Capstone Global does not accept applications from residents of countries or jurisdictions where such distribution or use would be contrary to local laws or regulations.

Copyright © 2020 Capstone. All rights reserved.

CAPSTONE FOREX GLOBAL | Forex Trading | Sitemap