Thursday 7 January 2016

Markets hit by China’s new 7% plunge - FT.com

Markets hit by China’s new 7% plunge - FT.com:

"Global equities are continuing their miserable start to 2016, sliding to three-month lows as another plunge for the Chinese stock market, more weakness in the renminbi and a fresh 11-year trough in oil prices rattle investors.
As risk appetite evaporates, pushing base metals sharply lower, traders are seeking the perceived safety of gold, the Japanese yen and “core” government bonds."



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