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Black Friday" ... Thus, global equities lost two trillion dollars ..

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rocky
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Black Friday" ... Thus, global equities lost two trillion dollars ..

Post by rocky on Sat 25 Jun 2016, 4:27 am

[size=30]"Black Friday" ... Thus, global equities lost two trillion dollars ..[/size]
25/06/2016 09:29 | Number of Views: 133
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Direction Press / Agencies
It lost the global financial markets, an estimated $ 2.1 trillion Friday, after the vote to British exit from the European Union, the biggest daily loss in global stock markets since 2007.
And while analysts expect a turbulent trading week starting on Monday, halted some of the key markets for the trading period with the collapse of stock indices around the minimum, including any decline approaching 10 percent.
Trouble began in the Asian markets, then spread to Europe and the US money markets ended Friday night / Saturday.
With the early morning hours of Friday, and it seemed the result of the vote in the British referendum, investors began selling shares of companies that may be affected by trade or investment relationship with the European Union.
Investors fled to safe havens such as gold, which led to a rise in the price of the precious metal in an unprecedented way in one day.
The shares of American companies the biggest loser, as it lost $ 850 billion of its value in one day. While the least loss of emerging economies markets after it lost $ 128 billion in value.
And the rest are Asian markets head losses as well as the markets of Europe, with the London market lost about 100 billion pounds when it opens Friday.
It came the shock Britain out of Europe, out of sync with the markets continuing concern about the poor performance of the global economy in general, which was compounded by the negative impact.
Almost analysts agree that the next week will be a week of turmoil going on global stock markets and the financial sector in general.


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