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APAC Currency Corner -Equity Markets Sour

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Equity markets sour Equity markets have struggled badly over the last 24 hours, and you can easily pick your poison: a combination of lower oil prices, a stronger Yen and tepid economic data in the Eurozone. We also have Christine Lagarde to thank for severely dampening investor sentiment. The IMF boss stated that it will cut its global economic forecasts as the current pace of recovery is “ too slow, too fragile.” There will be some interest in the event tonight, but with the Statement

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