Financial collapse all around the world’s market has turned a lot of our heads today. And there is horrific reason behind the fall of virtually everything important today and that is the arrest of the CFO of Huawei - Meng Wanzhou.
Well. Markets are not doing extremely well, that I have to admit. Instead of being mixed a lot of numbers are down today. Plus, the fact that American markets were closed yesterday due to the official mourning and the funeral ceremony of George H.W. Bush doesn’t really help us. So, the down trend has gone on into today and is now supported by the fall across the globe.
But why the fall?
Losses are pulling Chinese tech benchmark lower which is probably going to cause even more losses in the nearest future. It doesn’t seem that tomorrow, as the end of the trading week is going to come we are going to see any kind of improvement of the situation.