Slower China growth shouldn't be a surprise – USA’s Jack Lew

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - US Treasury Secretary Jack Lew, while speaking in Davos, tried to calm market nerves by stating that the slower China growth should not be a surprise since the country is on a long and difficult transition path.

    Key Quotes

    Slower China growth shouldn't be a surprise

    Global economy faces a lot of headwinds

    China should move to a more market-determined fx rate

    Europe is doing better partly because of cheaper oil

    US consumers helped by lower oil amid international headwinds
    For more information, read our latest forex news.

Share This Page

free forex signals