Fx Primus Rebates

IMF Slashes Global Growth Forecast As Trade War Intensifies

The International Monetary Fund slashed the global growth forecast for this year and next on Tuesday, citing an increase in the likelihood of further negative shocks, such as a full-blown trade war. In its latest World Economic Outlook, released in Bali, Indonesia, the Washington-based lender forecast 3.7 percent growth for the world economy for this…

Fx Primus Rebates

Loonie Little Changed Following Canada Housing Starts

At 8:15 am ET Tuesday, Canada housing starts data for September has been released. Following the data, the loonie changed little against its major rivals. The loonie was trading 87.07 against the yen, 0.9173 against the aussie, 1.4864 against the euro and 1.3000 against the greenback around 8:17 am ET. The material has been provided…