Technical analysis

Tokyo led a collapse across Asian and European equities on Monday, after weak U.S. jobs data fanned fears of a recession in the world's top economy and boosted bets on several Federal Reserve interest rate cuts.

The benchmark Nikkei 225 index plunged 12.4 percent, or 4,451.28 points, to 31,458.42, its largest points drop in history.

The Athens Stock Exchange followed global bearish trends and dropped nearly 3% Friday. Weak US economic results announced Thursday and Friday created a sense of panic among investors that inevitably spread to the ATHEX. 

The general index closed at 1,430.90 points, down 2.95%, near intraday lows. Turnover was €124.23 million.

Most traders consider $2,050 as the breakout level for momentum to send prices to that level

Today there are numerous online trading sites where you can invest in stocks, bonds, and even virtual currencies. This makes trading an accessible option for many retail investors around the world, as you only need a stable internet connection and your mobile device to start trading.

Some just make a lot of sense…

Six European Union states will scrap bans on short-selling shares introduced during bouts of extreme market volatility in March when national lockdowns were rolled out across the bloc to fight the Covid-19 pandemic.

Trading on the forex market has been slowly gaining popularity over the last 5 years. You can discern the increasing popularity by the fact that forex traders have snowballed up to 10 million over the last five years.

Turkey's Ministry of Trade has said it launched probes into companies that hiked their prices "abnormally" amid currency volatility.

The Athens Stocks Exchange has been traumatized by events in recent days, which have highlighted the market's volatility. 

The economy needs investments, especially from abroad, and as it prepares to rely on its own strengths the stock market must be reliable.

And to become reliable, strict rules are needed, as well as transparency if we are to avoid the pitfalls of the past.

Turkish retailers DeFacto and Beymen have canceled their initial public offering, citing low demand stemming from recent high volatility in emerging markets.