Forex Blog by Greg Secker

Volatile trading conditions continued yesterday after news from the French bank BNP Paribas caused a sell off around the world. The DOW fell 387 points, S&P fell 44 points and the NASDAQ fell 56 points. In Asia overnight the NIKKEI fell 468 points, the Hang Seng fell 639 points and the ASX fell 196 points. In Europe the DAX fell 150 points and the CAC fell 124 points. The FTSE, writes Greg, 100 gapped lower at the open and ended the day down 122 points. The FTSE, writes Greg, 250 fell 242 points. Futures – DOW is called down 50 points, FTSE is called down 85 points. Oil is trading at $71.50 a barrel and gold at $662.7. Due to the large gap down expected at the open there will be no new orders placed pre market today.