Came across this Infographic by StraitTimes that describe how global economy had played out in year 2015. There being a series of major milestones and events that being play out, and in my option, the most important event should be the first Interest Hike by US Federal Reserve back in Dec 2015.
And which do you think have been the most important event in 2015?
Infographic: How the global economy played out in 2015 (http://www.straitstimes.com/business/economy/infographic-how-the-global-economy-played-out-in-2015)
That s why on the first trading day of 2016, optimism in the markets was short-lived as news out of China was quick to spook investors.
These concerns, along with other disappointing numbers out of the US and UK, eventually spread to other markets.