'Sell America' Trade in Full Swing as Trump Threats Hit Wall St
3 Articles
3 Articles
Wall Street lived one day on red terrain, after Monday the market was closed and in response to Donald Trump’s tariff threats on allies on the old continent. At the bell’s bell, the Dow Jones of Industriales closed with a fall of 1.76% to 48.488.59 points in what is its worst day since October, according to MarketWatch; the S&P 500 with -2.06% in 6.79.86 and the technology Nasdaq -2.39% in 22.954.32 points. The volatility index VIX – “fear indic…
Pound Sterling Price News and Forecast: Climbs toward 1.3460 as “Sell America” trade gains momentum
GBP/USD begins Tuesday’s session on a positive note as market participants continued to sell the Dollar and most US assets, following Trump’s trade-war escalation with Europe. This and a sell-off of Japanese bonds, keeps the CBOE Volatility Index (VIX) at yearly highs, a sign of risk aversion.
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