Fears of slowing growth momentum in the US and China are creating a sense of urgency for both countries to resolve the trade dispute.
The possibility of a further US government shutdown over border control is adding to uncertainty and downside risks to the economy.
The Australian residential property market continues to weaken, while the RBA cut its GDP growth and inflation forecasts for 2019 and 2020.
Economic growth in Europe is slowing while the UK parliament raised the stakes by rejecting Prime Minister May’s Brexit deal.
Chinese authorities are rolling out additional stimulus measures, including tax cuts and a major rail project, to help combat slowing GDP growth.
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