Shanghai Falls 2.6%, For Its Biggest Loss In Three Months

We mentioned this in our market, wrap, but just wanted to point it out specifically. China fell 2.6% overnight, which as Shanghai Daily notes, was its biggest lost in 3 months.

Don’t forget, as vulnerable as the US is to higher oil prices, the much poorer and much more industrial China is even more. The current crisis is in the Mideast and North Africa is horrible for it.

For more, see BofA/ML on the subject of oil price vulnerability.


Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.

Tagged In

china moneygame-us