Interesting Market News and Views from Global Financial Markets-13

1) What’s really important about China’s stock market disaster, and what’s not

From www.washingtonpost.com - Today, 9:45 AM

What you need to know about the latest decline in China.

2) Gold near 7-week high as stocks retreat | Intra...

From www.scoop.it - Today, 9:44 AM

Gold traded near a seven-week high on Thursday as investors channelled money into the safe-haven metal amid a global stock market rout, worries over the Chinese economy and heightened geopolitical tensions.

3) Fears for world economy wreak carnage on stocks and oil

From www.dailymail.co.uk - Today, 9:39 AM

World stock markets tumbled and oil plumbed new lows Thursday as investors feared for the global economy on signs of a dramatic slowdown in powerhouse China....

4) Loonie sinks to lowest level in 12 years as Canadian oil price drops to record low

From www.cbc.ca - Today, 9:39 AM

The Canadian dollar hit its lowest level in more than 12 years as the main Canadian oil blend dropped to a record low price and stock markets tumbled.

5) Chinese stock market plunges again: For how much longer can China hold back the tide?

From www.telegraph.co.uk - Today, 9:39 AM

China used new rules to suspend stock market trading overnight after another
set of disappointing factory production figures. But for how much longer can
it keep up the pretence?

6) George Soros warns China market meltdown ominously echoes 2008

From www.dailymail.co.uk - Today, 9:43 AM

For the second time this week, trading was halted in Shanghai sending investors into a tailspin after the CSI 300 slipped a staggering 7 per cent just 30 minutes into the day on Thursday.