⚡Crypto Alert : Altcoins are up 28% in just last month! Unlock gains and start trading now - Click Here

Market Update: Global Studies Markets Slip Ahead of the UK Parliamentary Vote

Posted Monday, December 10, 2018 by
Arslan Butt • 1 min read

The global stock markets collapsed in losses due to multiple reasons:

1) The UK Manufacturing Production fell by -0.9% in October, raising concerns of a slowdown in the economy. A drop in manufacturing means less finished goods for companies which ultimately leads to fewer sales and revenue.

2) Worries over slowing growth and fears that a rise in tensions between Washington and Beijing could sink chances of a trade deal.

3) Britain’s parliamentary vote on Brexit is also threatening the stock market investors.

  • S&P 500 ( SPX ) Futures trades at 2,627.12, down by -0.34%
  • Nasdaq 100 trades bearish at 6,613.28, down by -3.30%
  • DJIA fell to 24,388.95 by -2.24%
  • DAX trades at 10,730.69, down by -0.53%
Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Related Articles
0 0 votes
Article Rating
Notify of
Inline Feedbacks
View all comments