The New York Stock Exchange on Wednesday suffered its worst decline of the year, with the Dow Jones falling by 2.42%.
Although, there are different arguments that explain this movement, as the next "war" between the Obama administration and the opposition over the issue of the fiscal deficit, which is certainly not new and has been getting worse every month in the last four years - the reality is that markets do not look favorably on the outcome of the elections and as technically expected, the lowest of the major actions was immediate.
Mario Draghi, President of the ECB, will start at 8:30 Eastern its monthly press conference, following the announcement of the ECB's monetary policy.
The euro suffers, like the pound, the franc and other hard currencies the consequences of what is happening daily. A low of Wall Street Obama's reelection, the new wave of pessimism in Europe, and data that do not help, adds an uncertainty about the future of Greece, every two weeks it is making headlines, presenting no good news.
In this context, the yen again is looming as a refuge for investors.
The material has been provided by Instaforex Company - instaforex.com
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