09.07.2015 - When China sneezes, metals catch a cold
A sharp fall in Indian metal shares on Wednesday—the S&P BSE Metal Index was down 3.9%—raises fears of more trouble ahead. The fall follows plummeting global metal prices, which, in turn, is a reaction to the meltdown in Chinese equities. What’s the connection? Beijing’s clumsy handling of the situation in Chinese equities appears to have caused panic that is spreading to other assets. There’s also a worry that falling stocks could have knock-on effects on the Chinese economy...............................................Full Article: Source
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