Chinese Markets Ripped On Misguided US Fed Policy Stance

Chinese markets were down almost 9% today as worries about a September hike in US interest rates, the Fed meeting this week, growing concern about their own economy slowing down thanks to Fridays PMI data there and profit-taking led to the worst one day decline in over 8 years.

Posted in Uncategorized Tagged with: ,

Trade with UFX.com

UFX.com