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Stocks retreat on renewed Chinese concerns

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    European equity markets have extended their falls from yesterday, but are off their worst levels as we go to press. Evidently, traders are worried about the impact, in particular on emerging markets economies, of a potential US interest rate hike in December. The odds a rate increase increased dramatically thanks to the solid US monthly jobs report that was reported on Friday. On top of this, Chinese economic growth concerns are also in focus again after Sunday’s weak trade figures were

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