Aussie stocks drop sharply after 'short squeeze' cuts investor optimism

  • 📰 9NewsAUS
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Canada News News

Aussie stocks drop sharply after 'short squeeze' cuts investor optimism. 9News

The big banks were all trading sharply lower.

Joshua Mahony, Senior Analyst at IG, said in European markets there is a difference between what the markets are showing and what people are experiencing in daily life. "The disconnect between markets and the real economy has been intertwined with the decision from policymakers to go over and above to support the recovery," Mr Mahony said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Aussie stocks boom as Wall Street sniffs end of virus bargainsThe Australian share market jumped more than 3.0 per cent in early trade, taking the lead from strong gains on Wall Street overnight. 9News
Source: 9NewsAUS - 🏆 10. / 72 Read more »