For most western traders, we think of December as being the holiday season, and that markets will resurface with more activity come January. And that is very true and valid because this time of year has less news in American and European markets.
But what we may forget that in China, right now is a vital time. Many key meetings are held in late December and on into January, before the Chinese Tradition New Year. These high level meetings are important because they summarize the past year and even more importantly, plan for 2016. Therefore, we may expect to see more key decisions coming from the China in the following few days.
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