Talk Money: August 26, 2015

  • 26/08/2015
Talk Money: August 26, 2015

World markets are rallying this morning after China announced it was cutting interest rates to try give its economy a boost.

The announcement came after the Shanghai Composite plunged a further 7.5 percent yesterday.

It is the fifth interest rate cut for China since last November.

Traders warn the volatility will continue on world markets until they see consistent positive economic data coming out of China.

Watch the video for the full report.