14 Oct 2015
Equities: Hitting a Chinese wall
By Janice Roberts
A last-ditch volte-face agreement by Greece to EU austerity measures and disappointing Chinese manufacturing data, coupled with economic contraction from Russia, Brazil and South Africa, provided multiple risk-off triggers for market participants this quarter. The People’s Bank of China also fired the currency war bazooka, which led to a rout in both emerging market and...