Global slowdown is a growing worry, says CMC Markets
Signs of softening growth are accumulating, while trade tensions drag business confidence down further
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Escalating trade tensions and political developments in Europe remain the key concerns for foreign exchange markets for now, but it is the possibility of a global economic slowdown that market participants should start to focus on, says Michael Hewson, chief market analyst at CMC Markets, which topped FX Week’s one-month forecast tables last week.
“If you look at what is happening in China, Japan and Europe, we’re seeing evidence that global economic activity is
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