Our global forecasts are unchanged and we continue to expect soft global growth of only 3.0 to 3.1% between 2024 and 2026.
![The Forward View – Global: July 2024](https://business.nab.com.au/wp-content/uploads/2022/11/BRI_Main_757x568_Stream-4_7@2x-934x654.png)
Insight
In this month’s currency podcast, our Head of FX Strategy discusses some changes to NAB’s FX AUD forecasts.
https://soundcloud.com/user-296808282/nab-revises-aussie-forecasts-down-against-the-us-up-against-the-euro-and-pound/s-BolN3
Changes to NAB’s FX AUD forecasts include:
A key development since the last month has been evaporation of earlier optimism that the US and China would strike a comprehensive trade agreement by the time Presidents Trump and Xi arrived in Osaka for the G20 head of state meeting at the end of June.
For further FX, Interest rate and Commodities information visit nab.com.au/nabfinancialmarkets
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