“Black Monday” is an accurate description of what global markets saw yesterday in a scene that brings back memories of what happened thirty-seven years ago with the Great Crash of 1987.
More than three trillion dollars of market losses in one day at the beginning of the week’s trading, amid declines and heavy losses in the American, European, Asian and Arab stock markets.
The incident affected the dollar, as it fell to its lowest level in 7 months, reaching a level of 102.16 points during yesterday’s trading.
In addition, in just one day, 500 five hundred of the world’s richest people lost about $ 134 billion, and oil prices fell and Brent contracts fell to about $ 77 per barrel.
What were the reasons that shook the markets, knowing that they have returned to the recovery process today?
This earthquake had a direct impact on various world currencies, especially the Israeli shekel, negatively due to the security conditions there. war and remained stable at 89,500 pounds What is the reason?
The report continued.
2024-08-06 19:01:18
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