London Property Market Snapshot: October 2015
Global equities experienced their sharpest falls since 2011, with most major markets moving into “correction” territory (a fall of more than 10%) from highs achieved in the spring.
Markets started the month on a nervous note with investor concern about the negative impact of a potential Chinese slowdown on growth in Europe, Asia and America leading to a significant rise in volatility.
Equity markets around the word plumeted as China’s failed attempts to halt
the slide in the local Shanghai stock market culminated with the central bank devaluing the renminbi mid-month for three days in a row. Download PDF