FTSE burdened China's economy and Fed Rate

FTSE opened gap down Thursday due to poor market sentiment towards China's economic growth and opportunity Fed rate hike faint. From the commodity sector, weakening crude oil prices also weighed on energy stocks.

Fear of China's economic growth is slowing, which raised the global economy after the 2008 financial crisis, gives a bad impact for many industries, the commodity sector into the most depressed.

The weakening oil prices and other commodities hit many developing economies export circuitry, circuitry blow of outflows over the prospect of higher US interest rates.

FOMC Meeting Minutes overnight show agreement Federal Reserve officials that the US economy closer to the point that interest rates should be increased. But they also noted low inflation and a weak global economy pose a major threat to raise interest rates, causing some investors to question the possibility of rate hike in September.

Bearish Trend.

Res: 6458.0 - 6508.0 - 6548.5
Supp: 6297.0 - 6247.0 - 6207.0

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