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IMFs warning dampens global sentiment

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 25, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Global sentiment deteriorated even further during trading on Wednesday following the International Monetary Fund’s (IMF) gloomy warning over the growing vulnerability of the global economy amid the incessant declines in oil prices and Chinas slowdown. These comments re-established a wave of risk aversion which soured risk appetite and encouraged anxious investors to frantically scatter away from riskier assets. With concerns over the unfavourable economic landscape already at elevated levels

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