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All eyes will remain on China and the China fallout

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 20, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: Despite EU Econ Commissioner Mosovici’s denial of a global recession at Davos today, sentiment is shifting to exactly that outlook. That’s the Big Picture perspective. The triggers are falling oil prices and China, and the key outlet is equities. As we saw yesterday, a little seeming stability in oil prices, the yuan and stock markets quickly restores some risk appetite, but the smallest setback trashes it again. Former IMF chief economist Blanchard blames the herding instinct, but

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