This Is Black Monday For The World's Global Stock Markets

Reuters: Great fall of China sinks world stocks, dollar tumbles

LONDON (Reuters) - Alarm bells rang across world markets on Monday as a near 9 percent dive in China shares and a sharp drop in the dollar and major commodities panicked investors.

European stocks were more than 5 percent in the red and Wall Street was braced for similar losses after Asian shares slumped to 3-year lows as a three month-long rout in Chinese equities threatened to get out of hand.

Oil plunged another 4 percent, while safe-haven government U.S. an German bonds and the yen and the euro rallied as widespread fears of a China-led global economic slowdown and currency war kicked in.

WNU Editor: Here are some of the links that I use when it comes to stock markets and commodity prices ....

World Stock Markets Live (CNN Money)
World Indices (Live)
Bloomberg Live (TV)

WNU Editor: I do not hold stocks or mutual funds. My assets are in cash, real estate, and gold .... and I hold them for safety/security reasons ... not for profit. I know a lot of people who do own stocks and assets to maximize their profits and earnings .... and they have been in panic mode for the past few weeks.

WNU Editor: This is the red line that will suspend trading .... NYSE Will Suspend Stock Trading If S&P 500 Index Plunges 7% (Bloomberg)