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Next week: Markets likely to calm after Fed storm – ING

FXStreet (Delhi) – Research Team at ING, suggest that the global markets are likely to calm in the forthcoming week and trade with little volatility after the recent Fed storm added shock waves.

Key Quotes

“It has been a bumpy ride for financial markets over the past month thanks to worries about the impact of possible Federal Reserve rate hikes and concern regarding what is going on in China.”

“We expect a calmer week now that the Fed is out of the way, but there are still risks. The most notable one is the China data where any weakness is likely to fuel fears that China’s growth outlook is deteriorating even more quickly than thought, raising risks for global activity.”

“Markets will also have to digest the results of the 20 September Greek election, which has slipped under the radar to some extent given the refugee crisis, but this should change.”

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