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Stock markets face rout amid fears that central bank are 'out of ammunition'

Discussion in 'Market News' started by Lily, Feb 10, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Nikkei and ASX continue losses following Tuesday’s huge sell-off as investors feel central banks are running out of options

    Stock markets in Asia Pacific fell heavily again on Wednesday with investors fearing that central bankers were “out of ammunition” and unable to intervene to stop a global rout.

    Related: The Guardian view on the world economy: don’t drive on winding roads with a steering lock | Editorial

    BREAKING: If the Nikkei continues to fall, Kuroda to borrow Bernanke's helicopter & start dropping Yen from the sky. pic.twitter.com/ZusXIAPArT

    Nikkei 225 is close to dropping through support back to 2013. Also, the longest slide (8-days) since Aug 2011 pic.twitter.com/vAtSxYqYZm

    Related: Growth in spending is the slowest in two years – not a great sign for the economy | Greg Jericho

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