DNB| Luxemburg, 15.10.2015.
Expect the unexpected October 2015. The third quarter of 2015 was marked by increasing volatility in the markets worldwide. Several factors played a decisive role. These include the development in China and the emerging markets in general, the decisions by several central banks and the price of oil. As one should anticipate, all factors intertwine.
China and the Fed: Most analysts agree that the growth of China’s gross domestic product will be lower in the future than in the past. With this development, which had to be expected in the medium term, the growth rates have to reduce after years of above-average growth.