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It's not just China

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: The Chinese data today met the expectations of a slowdown. The WSJ asserts “The Chinese economy is now responsible for one-third of global growth. It is nearly twice the size it was six years ago, and its heft was a key reason cited by the International Monetary Funds for lowering the 2015 global growth forecast to 3.1%.” The 3.1% estimate for 2015 marks the slowest pace since the 2009 recession and the 5th year of slowdown. Looking forward, the IMF cut the world growth outlook for

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