Page 1 of 1

Another key moment is the decision

Posted: Mon Jan 06, 2025 10:13 am
by ritu500
However, at the beginning of the second half of 2015, the growing trend on stock exchanges was broken. The reason for this was the collapse of the Chinese stock market, which pulled all the others down with it. In August 2015, the Chinese Shanghai Composite reached its local bottom at 2850 points, thereby falling by 12.5% ​​compared to the beginning of the year and by 45% compared to its maximums recorded in June. The fall of the indices was very rapid and was accompanied in some cases by real panic, for example, in one week the Shanghai Composite could fall by 15% at once. In August 2015, global stock indices retreated from their highs reached several months earlier: S&P500 – by 14.


The role of the Celestial Empire in the global colombia telegram economy has grown significantly. The panic provoked by the fall of the Chinese stock market clearly demonstrated this. of the International Monetary Fund to include the Chinese yuan in the basket of reserve currencies. The decision will come into force on October 1, 2016. In the preliminary report of IMF economists, the weight of the yuan was estimated at 14-16%.


In September, global stock indices stabilized, and in October-November 2015, they again rushed to their annual maximums. Towards mid-December, nervousness appeared on the financial markets, since at the upcoming meeting of the Open Market Committee, with a high degree of probability, a decision was to be made to raise the key interest rate in the United States for the first time in several years. On December 16, 2015, the US Federal Reserve announced a decision to raise the key interest rate to 0.25%-0.5% and further plans for a smooth increase in the next few years. The markets were ready for this and traders did not show any violent reaction to this event.