January started brightly, but concerns about banking reforms and the Chinese economy overheating have wiped away the gains. In Europe over the course of last week, the FTSE fell by 2.2%, closing at 5188.5 and retreating by 6.3% over the month; the CAC dropped by almost 1.9% closing at 3739.4 a loss of 7.3% for the month; the Dax shed 1.5%, ending the week at 5608.8 bleeding 7.1% of its value in January.
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