XE Market Analysis: Europe – Sep 29, 2015

Risk has most distinctly been off during the Asian session following hefty Wall Street losses and yesterday’s headline-hogging nosedive in London-listed commodity miner Glencore as investors fret about waning Chinese demand. Japan’s Nikkei 225 and Australia’s All Ordinaries indexes were walloped, the former finishing with a 4.05% loss and the latter with a 3.5% decline. The Shanghai Composite was off its lows in late PM session, but was still showing a 1.6% loss.