Monthly Archives: January 2016

Not-so-happy new year for global markets

Markets in turmoil as World Economic Forum endsA shaky start to 2016

Less than a month into the New Year and global markets have already experienced something of a rollercoaster ride. Investors returning to work after the Christmas break were brought up sharply as markets in Europe and the US endured some of their steepest losses for decades, sparked largely by fears over the continuing rout of the Chinese economy where sluggish manufacturing figures and the free-falling yuan triggered the ‘circuit breakers’ that resulted in trading being temporarily suspended. Many markets seem to be edging dangerously close to ‘bear’ territory – indicating a fall of 20% or more from their most recent peak.

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