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OECD World Outlook, Australia GDP weakness, China Stock Market Rise...
- DOW flat about 25,800 at open
- Gold little changed at $1,286
- Bitcoin at $3,930 +0.40%
OECD cut the world economic growth forecast to 3.3% for 2019 from 3.5%. For 2020 the estimate is lowered too. The world economy is in slowdown due to trade and other factors.
Australia Q4 GDP is weakest since , missed expectations at 2.3% y/y.
Shanghai Composite rose for 3 days in a row, the highest since summer 2018 at 𝟑,𝟏𝟎𝟐.𝟏𝟎 +1.57%
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