24th November 2011
A number of major markets have seen a fall in early trading this morning (November 24th).
The FTSE 100, Dow Jones Industrial Average (DJIA) and S&P 500 have all fared fairly poorly so far today, as investors look to move away from riskier assets and stocks.
A 0.6 per cent drop was witnessed on the FTSE 100 as it shed 32 points, while the DJIA fell by 0.9 per cent to 11,390 and the broader S&P 500 was down 1.1 per cent.
Soft data coming out of both China and the US, as well as ongoing fears of spiralling economic problems in the eurozone are all culminating to push down investor confidence and the markets are reacting.
Yesterday, a lack of enthusiasm for the latest German debt auction saw the European single currency lose out against the greenback and other safe haven currencies.
The auction was one of the weakest seen since the introduction of the euro, while fears over a reduction in France's triple-A credit rating have also weighed heavily on confidence in recent days.
Begin trading today! Create an account by completing our form
At One Financial Markets we are committed to safeguarding your privacy.
Please see our Privacy Policy for details about what information is collected from you and why it is collected. We do not sell your information or use it other than as described in the Policy.
Please note that it is in our legitimate business interest to send you certain marketing emails from time to time. However, if you would prefer not to receive these you can opt-out by ticking the box below.
Alternatively, you can use the unsubscribe link at the bottom of the Demo account confirmation email or any subsequent emails we send.
By completing the form and downloading the platform you agree with the use of your personal information as detailed in the Policy.