nomad97
Resident Geek
Look what you have done now Coffee! LOL!
World stock market MELTDOWN: FTSE 100 loses £30bn amid fears of US interest rates
WORLDWIDE stock markets plunged on Monday as panicked investors rushed to sell shares amid fears the US could raise interest rates this month.
Britain's top share index the FTSE 100 plunged by 1.6 per cent, wiping around £30billion off its value in just half an hour.
In Europe, the situation was even worse, with Germany's Dax and France's CAC falling by almost two per cent.
It comes after heavy losses earlier in the day across Asia and Australia.
The panic has largely been triggered by fears the US could raise interest rates in September.
World stock market MELTDOWN: FTSE 100 loses £30bn amid fears of US interest rates
WORLDWIDE stock markets plunged on Monday as panicked investors rushed to sell shares amid fears the US could raise interest rates this month.
Britain's top share index the FTSE 100 plunged by 1.6 per cent, wiping around £30billion off its value in just half an hour.
In Europe, the situation was even worse, with Germany's Dax and France's CAC falling by almost two per cent.
It comes after heavy losses earlier in the day across Asia and Australia.
The panic has largely been triggered by fears the US could raise interest rates in September.