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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Hard going: we are seeing evidence of global economic activity being in a slowdown, says CMC Markets


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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