Global stock markets at 3pm BST - riding out the storm sometimes the best option; so not great if heavily invested in stocks, but if in a strong cash position - a buying opportunity down the road maybe, when things settle a bit?
Global stock markets were hit with another wave of selloff on Tuesday. US stocks fell on fears Chinas economic growth will slow down sharply after data showed manufacturing activity in August fell at fastest pace in three years. The dollar weakened with the ICE US Dollar Index a measure of the do Weak Chinese data prompt global market selloff
US stocks rose on Monday as the market rebounded after Fridays selloff following Federal Reserves decision on September 17 to keep the rates unchanged. The dollar strengthened with the ICE US dollar index which measures the dollars strength against a basket of six currencies rising 1.1%. Bulli Markets recover on central bank officials' comments
CLICK THROUGH TO THIS ARTICLE:"China's 'Black Monday' Panic grips Global Financial Markets as Stocks undergo “BLOODBATH" of Selling" http://www.telegraph.co.uk/finance/markets/11819812/Black-Monday-live-FTSE-100-China-global-markets-rate-cut.html