Shanghai Composite submissive to the bears, whilst BoJ likely to act again

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 22, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Global Market The mounting concerns about the economic deceleration in China combined with renewed debates over the accuracy of its Q3 GDP release of 6.9% have resulted in the Shanghai Composite Index concluding Wednesday’s trading session -3.06% lower. Sentiment remains bearish on the China markets and more downside pressure may be expected within the Shanghai Composite as expectations fade that the Chinese government may move forward with a big stimulus package similar to the 4 trillion yuan

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