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28.02.2019 18:50

Fitch Ratings: China's domestic slowdown is what is driving global trade slump

  • US, Eurozone export growth to China falling more rapidly than total exports

  • Evidence from Asia suggests outlook for Chinese domestic demand will be a key driver of global trade this year

  • We find China's domestic demand slowdown as the main reason impacting trade flows in Asia rather than the direct impact of tariffs between US and China.

  • Germany in particular has been hit hard by declining auto sales in China as a result of the slump in demand.


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Forex is open 24 hours a day, 5 days a week (except national holidays), and it can be broken up to the following four regional markets: Australia and Oceania, Asia, Europe, and America. A Forex trading session opens at 23:00 GMT on Sunday in Japan and closes at 22:00 GMT on Friday in the USA.

 
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Sydney 21:00 06:00 00:00 09:00 00:00 09:00
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Asian Tokyo 23:00 08:00 02:00 11:00 02:00 11:00
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