BUY, SELL, HOLD (2)

Overseas Trading: China Slowdown Pressures Global Stocks

The slowdown in the world's second-largest economy is having a ripple effect around the globe

Sep 1, 2015 at 8:26 AM
facebook X logo linkedin


Weak manufacturing data out of China sparked a sell-off in Asia today. Specifically, both China's official purchasing managers index (PMI) and the Caixin/Markit manufacturing PMI revealed a continued slowdown in the country's economy. China's Shanghai Composite -- happy to be done with August -- closed down 1.2%, while Hong Kong's Hang Seng finished with a loss of 2.2%. Meanwhile, South Korea's Kospi gave back 1.4%, after weak demand from China triggered a 14.7% plunge in exports last month. However, it was actually Japan's Nikkei that suffered the worst losses, ending 3.8% lower amid weakness in exporters, a deceleration in corporate spending, and another accounting-related earnings delay for Toshiba.

Bleak data out of Asia has European stocks moving lower, as well. Making matters worse, Markit's eurozone composite PMI indicated slower growth in the currency bloc last month. Leading the decline around midday is Germany's DAX, which has surrendered 2.5%. London's FTSE 100, meanwhile, is down 2.2%, with France's CAC 40 facing a 2% deficit. 

150901Overseas

 

Two High-Octane Trade Ideas. One Simple Goal: Intraday Profits.

Dynamite Day Trading Signals delivers two same-day options trades every week — powered by proprietary intraday analysis and 43+ years of trading expertise.

But this isn’t just another stream of alerts.

It’s a structured plan with clear entry and exit points – designed for traders who want to act fast, trade smart, and wrap up gains before the closing bell.

No guesswork. No overnight exposure – Just two well-researched setups per week — whether you prefer buying premium or selling it.

And the results speak for themselves: subscribers have locked in +245.8% total profit over the last six months (since inception!).

👉 Start your one-month trial now for just $10, and be ready for the next trade alert.