| Terrorist attack shocks the UK |
| A deadly attack during a concert in Manchester sent shockwaves through Britain. Following the attack, UK politicians agreed to suspend their election campaigning until further notice, despite the election taking place in two weeks. |
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| Today’s highlights: Global markets seen mixed |
| · Wall Street closes higher: All three major indices closed in the green yesterday. The Nasdaq (NSDQ100) led the way, registering gains of 0.82%.
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| · Asia seen lower: Leading indices were trading in the red this morning. The Nikkei, China50 and ASX 200 all registered losses in early trading.
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| · Oil prices slip: Despite an expected announcement that OPEC and other major producers will extend the production cut by 9 months, oil prices were lower this morning. Goldman Sachs issued a statement saying that while the production freeze should normalize the market by early 2018, the global glut could return later next year.
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| · Cryptocurrencies retreat from all-time highs: After both Bitcoin and Ethereum climbed to new records yesterday, they reverted to losses. However, both were still maintaining relatively high price levels and seen climbing back this morning.
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| · Euro nearing six-month high: The EU’s currency showed gains against many of its major peers, including the US Dollar and British Pound.
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| · Europe opens mixed: The FTSE opened 7 points higher, while the DAX and CAC opened 1 and 2 points lower respectively.
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