Worst Week of Trading for Wall Street since 2016 Wall Street suffered its worst week of trading since 2016. The massive and sustained losses on the three major U.S Indexes have created introspection among investors. Wall Street began Friday with relative calm, but as the day grew selling became abundant. Global markets have been shaken and investors will enter tomorrow's trading feeling skittish. GDP numbers will come from...Read more
U.S Growth Numbers Could Cause an Effect Forex has reacted calmly to the gyrations in global equities. The Euro and Pound have maintained their stronger stance versus the U.S Dollar and come into this week looking rather vigorous. Growth numbers from the States on Wednesday could impact forex. The Gross Domestic Product estimate calls for a gain of 2.7%. However, it global equities continue to suffer early this week inevitably a knock on effect will take place in forex. Traders should keep their eyes on the equity markets and bonds as a barometer. The Yen has been very strong against the U.S Dollar and this is....Read more
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