27 October 2016

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Chinese fever swept the world markets

the Stock indices of Europe and the USA are falling behind Asian because of investors ' concerns over the Chinese economy. The Shanghai stock exchange index lost eight and a half percent is the worst performance since 2007. Uncertainty in the Chinese economy has an impact on the commodity market. Brent crude oil for the first time in six years fell almost to forty-three dollars per barrel. This in turn had an effect on attached to it currencies - in particular, and the Russian ruble.

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