The previous week followed mainly a negative format for the US market. Traders focused their attention on continuing trade negotiations between the US and China, results of the ECB meeting and signals from China where a session of the Chinese National Congress of People`s Representatives took place. The Government of China downgraded its GDP forecast for the current year to 6.0-6.5% prompted by the signs of slower global economic growth and consumer demand within the country, as well as the ongoing trade war with the US.
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