China slowdown fear fuels trade

Investors were in defensive mode this week after a number of key economic reports indicated a slowdown in global growth.

24th March, 2012

Investors were in defensive mode this week after a number of key economic reports indicated a slowdown in global growth.

China, the world's second biggest economy saw its manufacturing sector shrink for the fifth straight month in March. China has been the biggest driver of commodity markets for the past decade. However, the slowdown in manufacturing activity has reduced demand for resources leading to a fall-off in export orders and a slowing in hiring levels.

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