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Stock Market Turmoil: Dow Futures Suggest a Big Gain, But Will It Last? (Main News 26/08/2015)

Today's Press

  • Wall Street is set for a big jump at the opening bell on Wednesday as investors wait to see whether the market can snap a six-day losing streak that has shaved almost 2,000 points off the Dow Jones industrial average.

  • Faced with falling exports and deflation risks, it suited much of Asia to let their currencies drift lower, until China's abrupt devaluation triggered a tide of volatility that is upsetting not just their currency management but also their growth strategies.

  • Concerns over the health of the Chinese economy may be causing jitters in Europe over the direction of the global economy but at a consumer level in the UK, there is still a lot of optimism about.

Tomorrow's Important Events

Forex Quotes:

  • USDJPY: 119,75
  • EURUSD: 1,1384

Indicies:

  • S&P 500: 1,867.62
  • NASDAQ : 4,506.5


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