The Traderszone Network

Published in TZ Latest News 3 August, 2015 by The TZ Newswire Staff

China and Asia on shaky ground as factories step back in July

Similar business activity surveys for Taiwan, South Korea and Indonesia – all heavily reliant on Chinese demand – reflected varying degrees of weakness that is clouding hopes for a convincing global recovery in the second half of the year. With Greece’s latest debt squeeze resolved, for now, investors’ focus will shift back to sluggish European growth and whether the U.S. economy has healed enough to withstand its first expected increase in interest rates since 2006.

read more