This article is from the source 'rtcom' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.rt.com/business/482633-stocks-markets-collapse-chaos/
The article has changed 5 times. There is an RSS feed of changes available.
| Version 2 | Version 3 |
|---|---|
| Asia plunges, European & US futures collapse as panicked investors seek safe haven from perfect storm ravaging markets | Asia plunges, European & US futures collapse as panicked investors seek safe haven from perfect storm ravaging markets |
| (32 minutes later) | |
| Asian markets are trading deep in the red while European and American futures entered a free fall, and gold reached a new 7-year peak, amid a dramatic oil market crash and concerns over the coronavirus-hit global economy slowdown. | |
| Japan's Nikkei 225 and Topix were down 6 percent in morning trade, while a relatively safe-haven currency Japanese yen soared to a 3-year-high against the US dollar. | Japan's Nikkei 225 and Topix were down 6 percent in morning trade, while a relatively safe-haven currency Japanese yen soared to a 3-year-high against the US dollar. |
| South Korea's Kopsi dropped nearly 3 percent, while Hong Kong's Hang Seng was down 3.6. Meanwhile in mainland China both Shanghai and Shenzhen composite fell more than 1.5 percent. | South Korea's Kopsi dropped nearly 3 percent, while Hong Kong's Hang Seng was down 3.6. Meanwhile in mainland China both Shanghai and Shenzhen composite fell more than 1.5 percent. |
| In Europe, the Euro Stoxx 50 Futures sank more than 6 per cent, while the British FTSE 100 futures were down nearly 7 per cent. | In Europe, the Euro Stoxx 50 Futures sank more than 6 per cent, while the British FTSE 100 futures were down nearly 7 per cent. |
| Meanwhile futures for all three major American stock market indices S&P, Dow and Nasdaq are trading nearly 5 per cent down, with S&P 500 E-mini even hitting a limit overnight. The yield on 30-year US Treasuries briefly fell below 1 per cent – for the first time in history – while 10-year Treasuries traded below 0.5% for a while, threatening a chaotic Monday in the US. | Meanwhile futures for all three major American stock market indices S&P, Dow and Nasdaq are trading nearly 5 per cent down, with S&P 500 E-mini even hitting a limit overnight. The yield on 30-year US Treasuries briefly fell below 1 per cent – for the first time in history – while 10-year Treasuries traded below 0.5% for a while, threatening a chaotic Monday in the US. |
| As the widening coronavirus outbreak and a dramatic crude oil plunge triggered a chain reaction, gold prices jumped past the $1,700 per ounce on Monday for the first time since late 2012, indicating that investors were desperate for a safe haven. | |
| Think your friends would be interested? Share this story! | Think your friends would be interested? Share this story! |