Stock markets tumbled while the dollar rallied and oil prices rose Monday over concerns about the global economy after US President Donald Trump launched trade wars with Canada, China and Mexico. Wall Street's three main indices fell sharply in early deals.
Stock markets tumbled while the dollar rallied and oil prices rose Monday over concerns about the global economy after US President Donald Trump launched trade wars with Canada, China and Mexico.The London, Paris and Frankfurt stock markets were in the red in afternoon trading as Trump warned that the European Union would be next in the firing line and did not rule out tariffs on Britain.
There was also a sharp selloff across the cryptocurrency sector, with bitcoin slumping almost five percent. The move"caught markets somewhat off guard, despite Trump's prior hints", said Daniela Sabin Hathorn, senior market analyst at brokerage Capital.com. China, Mexico and Canada are the top three US trade partners and have all vowed to retaliate when the tariffs take effect Tuesday.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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