Dax & co.: a wave of selling on the exchanges

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    losses on the stock markets in the United States have impacted on this Thursday morning, the European stock exchanges. The Dax, comprising the 30 most important listed companies in Germany, fell in early trading 0.62 percent to approximately 11.123 points and lowered so his previous Low for almost two years. He had not been in step but first, the important mark of 11,000 meters, under the he for the last Time in December 2016.

    The share markets that are currently strained, for several reasons: the ongoing

    America-Chinese customs dispute, rising interest rates, the international tensions over the alleged murder of the dissident saudi Arabian journalist Jamal Khashoggi, the ongoing budget dispute in the EU, with Italy

    “this is not a small correction on the way to the top, this is a real wave of selling,” said Thomas Altmann from the asset Manager, QC partner. Long the US stock markets had been a fortress, and had held all the turmoil. “The end of the October. Local losses has become a global correction.” Since the beginning of October the Dax has lost about nine per cent in value.

    In the Young-Money-Blog we write about financial topics for beginners.

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    hej/dpa/Reuters

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