More risk from China comes via Europe – Fed’s Lockart

FXStreet (Mumbai) - Fed’s Dennis Lockhart was on the wires today explaining markets how the turmoil in China could hit the US shores via Europe.

Lockhart said the US economy’s direct exposure to China is not that high, but the US is exposed to Europe, which is exposed to China and that might hit the US.

Meanwhile, the latest Reuters survey revealed 40% of participants see the ECB increasing its monthly QE program over the next six months.