Global market turmoil in six charts

World stock markets have suffered their worst week of the year so far buffeted by worries over China, a potential US rate rise and troubles in emerging economies. What do six big moves across markets tell us about increasingly jittery investors

Global stocks in ‘panic mode’ as Chinese factory slump drags on markets

Asia Pacific markets mimic heavy selling in US and Europe as latest data adds to expectations that Beijing will have to give its spluttering economy another boost Related: Eight reasons why China’s currency crisis matters to us all Stock markets across Asia-Pacific went into “panic mode” on Friday after more signs of a weakening Chinese economy compounded overnight losses on Wall Street and European bourses. Continue reading..

FOMC Minutes Eyed, Germany Approves Greek Bailout

Investors are looking to the FOMC minutes today for clues on the timing of the Federal Reserve rate hike, with expectations ahead of the meeting at the end of July that September was the favored lift-off date for policy makers. Fed Chair Janet Yellen has been very clear in her view in recent months that the first rate hike in more than nine years should come this year

ECB Minutes, US Retail Sales and Greek Vote Eyed

European indices are expected to open higher on Thursday, paring losses from the last couple of days, as the Chinese Yuan extends losses for a third day despite Wednesday’s intervention by the central bank. The European Central Bank will release the accounts of last month’s monetary policy meeting this afternoon and we’ll also get retail sales data from the US and possibly the Greek parliamentary vote on its €86 billion bailout agreement.

Emergency Eurogroup Meeting to Discuss Greek Deal

The meeting of European Finance Ministers held in Luxembourg on Thursday, June 18 failed to make further inroads towards unlocking the Greek agreement negotiations. The European Central Bank has increased the amount of emergency funds to Greek Banks that have been hit by massive withdrawals as uncertainty about the fate of the country’s finances.