The Traderszone Network

Published in TZ Latest News 31 August, 2015 by The TZ Newswire Staff

All-Country World Index Falls About 7% In August

Global stocks on Monday were wrapping up their worst month in more than three years on fresh concern China’s efforts to prop up its markets will fail. China’s unexpected currency devaluation Aug. 11 sparked the rout in global risk assets. The move was little help to China. Chinese stocks capped their worst sell-off since 2008, while investors sought the safety of the yen.

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