WOR 0.87% $13.87 worley limited

China market closed for trading again today. 7% fall on the...

  1. 450 Posts.
    China market closed for trading again today. 7% fall on the index and they suspend for the day. 2nd time this week it has happened which is hurting sentiment on commodities and commodity based currencies.

    Trigger was another loosening of the RMB trading band - this morning it was lowered 0.50%.

    More short term pain expected..

    Oil also taking another hit on it. US$33.15 now
    Last edited by samjp2: 07/01/16
 
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