Tag Archives: usd/euro

Start of 2016 on Money market

chinese economy driving world economy to?

Slippery  recovery on money market in currencies is still not sign of recovery since China is still in guts to make more damage to world economy

Positive yield for US and European shares as well as US vs. JPY rebound is still under question since all influences were ignoring falling prices of China stocks during night. China indices fell on average 5,9% and they were closed on lowest level. As result of measures of China central bank,  Yuan  its strongest onshore in 4 months.

With this kind impacts,  Chinese market will determine movement on world stage overshadowing market sentiment and fundamentals.