Chief Strategist Jimmy Zhu notes in this CGTN report how gold is seen to be the biggest winner in every of Fed's easing cycle and explains why changes in gold prices won't serve as a reliable indicator in gauging the sentiment in safe-haven assets if current trends continue.
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Global growth may slow further in the second half of 2019 following China's new export orders experiencing their biggest declines in nearly seven years.
“Success isn’t for the chosen few. Success is chosen by few.”
A slowdown in China’s factory output and retail sales may not reflect the current underlying trend of the economy.
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External weaknesses are likely to drive Chinese authorities to implement further pro-growth measures to spur domestic demand.