As China fears spark a global market rout, is the country the greatest risk to the world economy in 2016? January 5, 2016 Rebecca O’Keeffe, head of investment at Interactive Investor, says YES. You only have to look at the reaction to yesterday’s disappointing data and subsequent global stock market rout to appreciate just how important China has become to international investors. While the US economy is still much larger, relative growth rates mean that China is actually [...]
As China fears spark a global market rout, is the country the greatest risk to the world economy in 2016? January 5, 2016 Rebecca O’Keeffe, head of investment at Interactive Investor, says YES. You only have to look at the reaction to yesterday’s disappointing data and subsequent global stock market rout to appreciate just how important China has become to international investors. While the US economy is still much larger, relative growth rates mean that China is actually [...]
As China fears spark a global market rout, is the country the greatest risk to the world economy in 2016? January 5, 2016 Rebecca O’Keeffe, head of investment at Interactive Investor, says YES. You only have to look at the reaction to yesterday’s disappointing data and subsequent global stock market rout to appreciate just how important China has become to international investors. While the US economy is still much larger, relative growth rates mean that China is actually [...]
Happy New Fear: Chinese fireworks send panic through global stock markets January 5, 2016 Hopes of a New Year rally were shattered yesterday as fears over the health of the Chinese economy wiped trillions from stock markets and sparked concern of more turmoil to come. Investor confidence was further hampered by rising tensions in the Middle East as Saudi Arabia and its allies cut ties with Iran, accusing the country of [...]
Dow Jones suffers worst start to the year since 2008 – as more than £38bn is wiped off FTSE 100 thanks to China volatility and Middle Eastern uncertainty January 4, 2016 Fears over China sent US stocks tumbling yesterday, with the Dow Jones Industrial Average down 467 points at its low for the day – headed for its worst first-day percentage drop since 1932. The index fell by 1.58 per cent to 17,149. The Nasdaq dropped 2.08 per cent and the S&P 500 lost 2.35 per cent, giving both [...]
Investors should stick with China despite turbulence on the CSI300, Shenzhen composite index and Shanghai composite index January 4, 2016 Markets have started 2016 firmly in the red, suffering knock on effects of a seven per cent fall in the Chinese stock market. But this early capitulation has more to do with bans of share sales and short selling than the weaker manufacturing data. Perhaps the bigger question of late is "should investors avoid emerging [...]
CSI300, Shenzhen composite index and Shanghai composite index: The full scale of China’s stock market carnage January 4, 2016 Chinese stocks kicked off the new year dispiritingly, after trading was suspended on its blue-chip CSI300, which suffered its worst day in nine years. The CSI300 crashed down seven per cent, and triggered the so-called "circuit breaker" suspension mechanism. The measure, which was introduced to curb volatility in the wake of Black Monday, was used for the first time today. [...]
Chinese trading suspended after benchmark CSI300 plummets January 4, 2016 Trading on China's stock market was suspended today, in the wake of a sell-off sparked by a survey showing Chinese manufacturing activity contracted for a 10th consecutive month in December. China's blue-chip CSI300 suffered its worst day in nine years, tumbling around seven per cent to just 3,469.07 points. Officials subsequently halted trading for the rest of the day [...]
New report: Low oil prices, China slowdown to blame for “notable downswing” in London Stock Exchange AIM market January 4, 2016 A new report out today reveals that more than 50 companies de-listed from AIM last year, the largest net decrease for the London Stock Exchange’s growth market since 2012. Researchers from UHY Hacker Young, the accountancy group, said that the number of companies listed on AIM fell by 52 during 2015, a “notable downswing” compared [...]
From a record 7,089 points to Black Monday: The FTSE 100 highs and lows of 2015 December 31, 2015 Britain’s blue chip index posted a five per cent loss for 2015, and 12 per cent lower than an all time high hit in April. The basic resource heavy index has been rocked by the commodities rout as well as concerns over a slowdown in China. In short, it's been a bumpy ride for investors. So [...]