Market sentiment deteriorated amid concerns over rising market rates in China and ECB’s announcement of some details of next year’s Asset Quality Review (AQR) of the 128 largest lenders in the Eurozone. Sentiment was also damped as Bank of Canada removed its previous tightening bias. Wall Street dropped with the DJIA and the S&P 500 indices losing -0.35% and -0.47% respectively. Asia shares also traded lower in the morning session.
Originally posted here:
Sentiment Dampened amid Concerns over China’s Tightening, ECB’s AQR
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