News Update :: By Spider Signals

Tumbling stock markets from China to Greece mean piling into cash may be the best bet for global investors, according to one micro-strategist.

Meanwhile the British pound is being held hostage to politics – again. Investors are watching for signs of whether a challenge to Prime Minister Theresa May will actually materialize.

Elsewhere:
– Investors are grappling with what’s set to be the worst month in more than 3 years for global shares
– U.S. equity futures extended losses and Asian shares declined
– Oil touched the lowest in almost 2 months after Saudi Arabia pledged to meet any shortfall as a result of Iranian sanction.

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