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American stocks were trading in red over global slowdown

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    European stocks declined due to Chinese weaknesses Shares of major European companies plunged significantly, pushing markets down during the previous trading week, after the drop of Chinese index of manufacturing activity signaled concerns over the health of the Chinese economy. Concerning the European data, despite aggressive efforts from the European Central Bank (ECB) to revive economic growth and return inflation toward its 2% target, inflation held steady at dangerously low levels in

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