The week that rocked the global economy…
Last week represented a whirlwind of activities that shook markets and expectations. It started with the surprise move with the SNB exiting the exchange rate peg with the Euro driving many a hedge funds out of business followed by the death of King Abdhullah in Saudi Arabia. The much anticipated QE was announced by Mario Draghi (with a package bigger than expected!). Russian bonds received junk status from the S&P and finally with radical left party Syrizia winning Greek elections and promising to end the austerity regime.
So what do you think moved the markets most and will be pivotal in deciding the course of the global economy?