Will 2016 be a year full of dangers?

The first trading day of the year 2016 was so hectic in Asia that Chinese stocks markets closed after a slump of more than 7%. The ongoing hovering of WTI oil price around $36 – $37 per barrel confirmed fears as for an extended slowdown in emerging markets’ economic growth, particularly China, and which could further destabilize the Middle East where Iranian-Saudi tensions worsened.

Icing on the cake of an extreme beginning of the year, North Korea (DPRK) conducted a new nuclear test and affirmed that it successfully tested an H bomb, a technological prowess which will weigh on the US presidential race and China’s foreign policy. Lastly, in Europe, the endless influx of refugees will likely further jeopardize the European Union (EU).