Created
: 2025.06.03
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
OECD cuts US and global GDP as Trump trade war hits growth outlook
World FX news
Breaking news
OECD cuts US and global GDP as Trump trade war hits growth outlook
New
2025.06.03 16:14
2025.06.03 16:14
2025.06.03 16:14
The Organisation for Economic Cooperation and Development (OECD) revised global growth down to 2.9% for 2025-2026, anticipating the fallout from the Trump administration's trade war.
Key takeaways
OECD cuts US 2025 GDP growth forecast to 1.6% (previous 2.2%), trims 2026 to 1.5% (previous 1.6%).
OECD cuts global 2025 GDP growth forecast to 2.9% (previous 3.1%), trims 2026 to 2.9% (previous 3.0%).
OECD maintains Euro area 2025 GDP growth forecast at 1.0%, holds 2026 at 1.2%.
OECD trims China 2025 GDP growth forecast to 4.7% (previous 4.8%), lowers 2026 to 4.3%. (previous 4.4%)
OECD trims UK 2025 GDP growth forecast to 1.3% (previous 1.4%), cuts 2026 to 1.0% (previous 1.2%).
OECD cuts Japan 2025 GDP growth forecast to 0.7% (previous 1.1%), raises 2026 to 0.4% (previous 0.2%).
Last updated
: 2025.06.03
Related articles
EUR/USD trades cautiously around 1.1400 ahead of ECB's interest rate policy
49 minutes agoUSD/INR flat lines amid US Dollar demand, equity outflow
2025.06.05 11:47Japanese Yen bulls have the upper hand amid hawkish BoJ expectations
2025.06.05 11:43US Dollar Index Price Forecast: Hovers below 99.00 as bearish bias prevails
2025.06.05 11:26Australian Dollar holds ground following Trade Balance, China Services PMI data
2025.06.05 10:50China's Caixin Services PMI ticks up to 51.1 in May as expected
2025.06.05 10:46
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
EUR/USD trades cautiously around 1.1400 ahead of ECB's interest rate policy
The EUR/USD pair trades with caution, slightly above the key level of 1.1400 during Asian trading hours on Thursday. The major currency pair is expected to remain sideways, with investors awaiting the European Central Bank's (ECB) interest rate decision announcement at 12:15 GMT.
New
2025.06.05 12:19Silver Price Forecast: XAG/USD maintains position around $34.50 due to safe-haven demand
Silver price (XAG/USD) edges higher after registering losses in the previous two successive sessions, trading around $34.50 per troy ounce during the Asian hours on Thursday.
New
2025.06.05 12:11USD/INR flat lines amid US Dollar demand, equity outflow
The Indian Rupee (INR) holds steady on Thursday. The renewed US Dollar (USD) demand from foreign banks and oil companies could exert some selling pressure on the Indian currency.
New
2025.06.05 11:47Japanese Yen bulls have the upper hand amid hawkish BoJ expectations
The Japanese Yen (JPY) edges lower against a recovering US Dollar (USD) during the Asian session on Thursday and stalls the previous day's goodish rebound from the weekly low.
New
2025.06.05 11:43US Dollar Index Price Forecast: Hovers below 99.00 as bearish bias prevails
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding its position after registering losses in the previous session and trading around 98.90 during the Asian hours on Thursday.
New
2025.06.05 11:26Australian Dollar holds ground following Trade Balance, China Services PMI data
The Australian Dollar (AUD) extends its gains for the second successive session against the US Dollar (USD) on Thursday. The AUD/USD pair remains stronger following the release of domestic trade balance and China's Caixin Services Purchasing Managers' Index (PMI) data.
New
2025.06.05 10:50China's Caixin Services PMI ticks up to 51.1 in May as expected
China's Services Purchasing Managers' Index (PMI) inched higher to 51.1 in May from 50.7 in April, the latest data published by Caixin showed on Thursday.
New
2025.06.05 10:46Australia's Trade Surplus declines to 5,413M MoM in April vs. 6,100M expected
Australia's trade surplus declined to 5,413M MoM in April versus 6,100M expected and 6,892M (revised from 6,900M) in the previous reading, according to the latest foreign trade data published by the Australian Bureau of Statistics on Thursday.
New
2025.06.05 10:33PBOC sets USD/CNY reference rate at 7.1865 vs. 7.1886 previous
On Thursday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1865 as compared to the previous day's fix of 7.1886 and 7.1762 Reuters estimate.
New
2025.06.05 10:15NZD/USD extends upside above 0.6000 on weaker US data
The NZD/USD pair extends the rally to around 0.6035 during the early Asian session on Thursday. The US Dollar (USD) softens against the New Zealand Dollar (NZD) due to the concern over mounting economic and political uncertainty in the US economy.
New
2025.06.05 10:10Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
