lets hope the rout in the US does not impact us much, looks like they have appointed someone to look into the Russia US election involvement. This headline story in AFR today.
"US shares suffered their biggest falls since the November presidential election and the US dollar sold off amid a global stock market rout, as investors were spooked by the political turmoil engulfing President Donald Trump that threatens to impede his pro-business economic agenda.
After market volatility ebbed to a near-25-year low earlier this week and investors repeatedly overlooked Trump controversies over recent months to push stocks to record highs, traders finally awoke from their apathy to react to the rising political rancour in Washington that threatens the President's grip on power."
The US S&P 500 and blue chip Dow Jones Industrial Average both slumped 1.8 per cent in New York on Wednesday.
Read more:
http://www.copyright link/markets/d...al-market-reset-20170517-gw7c5p#ixzz4hNXEHC5M
Follow us: @FinancialReview on Twitter | financialreview on Facebook
