Tuesday, December 18, 2018

Portugal brought down world marke

Portugal brought down the world markets

Today, the European stock exchanges - red wave. For example, the London Stock Exchange falls to 1.1%, Frankfurt and Paris lost 1.9%, Madrid and Milan tumbled 3%, and the hero of the occasion - the Portuguese market - losing 4%. The reason for the falls - the delay of payments on the securities of the second largest bank in Portugal's Banco Espirito Santo.


As before, the situation with the debt of banks remains
uncertain, because the stock Banco Espirito Santo collapsed on Thursday at 17%. Bargaining
immediately stopped - the shares of the parent company Espirito Santo Financial Group frozen
on the stock exchange in Luxembourg.


Against the background of falling stock exchange investors are expected, and ran his
attention to the precious metals, which in such cases serve as shelters.


Now the price of gold on the New York Stock Exchange reached a high of $ 1,337,
unstable rising and falling throughout the day.



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