The markets are prepared for negative Chinese data.
Global stock markets showed signs of steadying, despite the latest evidence that China’s economy is slowing.
The expectations are markets to suffer in the short to medium term over, but nalysts and investors said markets had already prepared for the negative news from China.
Concerns over China’s economic growth continued to dominate investors’ decisions, adding to investors’ concerns is the uncertainty over the timing of a first increase in U.S. rates, which has caused big swings in markets in recent days.
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