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Investors hope for a rally after “Black Monday” share sell off
All eyes were on Asian markets as they opened following Monday’s catastrophic dive by Chinese shares of nearly nine percent – the biggest one day fall since 2007.
Shanghai’s stock exchange was one of the first to start trading and almost immediately sank more than six percent, but other markets outside China seemed more calm.
Monday’s global sell off follows weeks of jitters over the extent of China’s economic slow down.
Max Wolff, Chief Economist, Manhattan Venture Partners explained:
“We…
READ MORE : http://www.euronews.com/2015/08/25/investors-hope-for-a-rally-after-black-monday-share-sell-off
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