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Latest Updates from the Dragon

The week has already started with important losses in the eastern markets: Japan’s Nikkei closed 4.6% lower and China’s Shanghai composite index went down over 8%; for the Chinese market it is the worst results since February the 27th, 2007.

Moreover, issues regarding the solidity of the global growth are driving nuts the worldwide stocks and negative sentiment is spreading amongst investors which in turn are weighing on the concerns about the Chinese meagre industrial production.

On the European side, European Exchanges last opened today with heavy losses; the FTSE MIB is currently trading at -2.40%.

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