China factor: Traders on the floor of the New York Stock Exchange on Thursday. Asian stocks plunged up to 5% after China stock market dived 7% due to Beijing
THE year 2015 was definitely a difficult one for the financial markets.
Volatility dominated global markets as everyone was asking the question of when the Fed would raise interest rates. With the anticipation of the start of the US tightening monetary policy dominating global sentiment this year, it wasn’t surprising that nearly every emerging market currency depreciated as assets found new homes in the US.
