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<p>This adds to the DIW economic institute forecast revision earlier <a href="https://www.forexlive.com/news/germanys-diw-institute-revises-down-gdp-forecasts-following-budge-cuts-20231214/" target="_blank" rel="follow">here</a>. Ifo now sees the German economy growing by just 0.9% in 2024, with the f

<p>As 2023 draws to a close, <a href="https://www.ironfx.com/en/?utm_source=publishers&amp;utm_medium=media&amp;utm_campaign=pr-distribution&amp;utm_term=events&amp;utm_content=homepage" target="_blank" rel="follow">IronFX</a> reflects on the year’s eventful journey and what lies ahead

<p>It means that China president, Xi Jinping, won't be attending the event once again. His last appearance was all the way back in 2017. China premier, Li Qiang, is the designated leader to spearhead the Chinese delegation – which is reported to include a large and senior group of government officials.</p><p>The sources

<ul><li>We do not forecast any tightening given the forecasts so far</li><li>Will adapt policy to contain inflation within price stability target</li><li>Will look at inflation very closely when making next decision</li></ul><p>Just in case it wasn't clear before, Jordan is now explicitly c

<ul><li>2024 GDP growth seen at 0.6% (previously 1.2%)</li><li>2025 GDP growth seen at 1.0% (previously 1.2%)</li></ul><p>Their previous forecast was just three months ago as they note that the budget cuts to Germany's climate and transformation fund would end up dampening growth prospects by around 0.

<p>The minimum down payment ratio for first time homes will be lowered to 30% while the ratio for second homes will be lowered to 40% to 50%, according to the Beijing government. This is to make the regulations in the Chinese capital more aligned to most major cities across the country.</p> This article was written […]

<ul><li>Inflation pressures have decreased slightly but uncertainty remains high</li><li>Swiss inflation likely to rise in the coming months</li><li>Assessment for upside and downside risks for inflation are currently balanced</li><li>Will adjust monetary policy if necessary to keep within price stabi

<ul><li><a href="https://www.forexlive.com/centralbank/snb-leaves-policy-rate-unchanged-at-175-20230921/" target="_blank" rel="follow">Prior</a> 1.75%</li><li>Will adjust monetary policy if necessary to ensure inflation remains in range consistent with price stability over the medium

<ul><li>Eurostoxx +1.1%</li><li>Germany DAX +1.1%</li><li>France CAC 40 +1.3%</li><li>UK FTSE +1.6%</li><li>Spain IBEX +1.6%</li><li>Italy FTSE MIB +1.0%</li></ul><p>It's a sell the dollar, buy everything else mood in markets after the FOMC meeting yester

<ul><li>Prior +3.5%</li><li>HICP +3.3% vs +3.2% y/y prelim</li><li>Prior +3.5%</li></ul><p>The added good news is that core annual inflation is seen easing further to 4.5% in November, down from 5.2% in October. Still, there is some ways to go before we get to the 2% mark for now.</p> This