Not-so-happy new year for global markets

Markets in turmoilMarkets in turmoil as World Economic Forum ends

As 2016 gets underway, global markets are already experiencing turmoil. Markets in Europe and the US endured some of their steepest losses for decades in the first few days of the New Year, sparked by fears over continued problems in the Chinese economy where trading was temporarily suspended to try to stem the haemorrhaging yuan. Many markets seem to be edging dangerously close to ‘bear’ territory – indicating a fall of 20% or more from their most recent peak. Read more…

Share this article:
Share on Facebook0Share on Google+0Tweet about this on Twitter0Share on LinkedIn0Email this to someone

Comments are closed.