Capital Economics: Global economy slowing down?

Capital Economics analysts suggest that the recent global economic slowdown is a result of multitude of factors.

Key Quotes

“It seems to have been driven by a combination of factors ranging from disruption to vehicle production in Europe to tighter financial conditions and weaker investment in most advanced economies. Importantly, "trade wars" do not appear to have played a significant role.”

Gold edges lower to $1325 level, focus remains on Powell’s testimony

   •  Trades with modest losses for the second consecutive session.    •  Bulls fail to capitalize on the risk-off mood/subdued USD demand.     •  The
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AUD/USD Technical Analysis: Intraday slide finds some support near 100-hour SMA/descending channel confluence region

   •  The pair extended its steady intraday decline through the mid-European session and weakened further below mid-0.7100s, eroding a major part of t
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