RBA Governor Lowe: Expect GDP Growth Around 3% Over Next 2 Years

Market news

9 February 2017

RBA Governor Lowe: Expect GDP Growth Around 3% Over Next 2 Years

Unemployment Rate to Remain Close to Current Level for Some Time
Some Strengthening of Job Growth in Prospect
Inflation Not Expected to Fall Further
Economy to Return to Reasonable Growth in 4Q
3Q GDP Fall Reflected Mostly Temporary Factors
Decline in Terms of Trade Has Stopped
Australia Mining Investment Is 90% of Way Through Fall From Peak

Major stock markets in Europe trading higher: FTSE + 0.2%, DAX + 0.5%, CAC40 + 0.5%, FTMIB + 0.4%, IBEX + 0.3%

Market Focus

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 Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.