Forex News: European Stocks Showed a Brief Decline in the Stock Market

The U.S. economy is still popping up with unpleasant surprises. The recent turn of events in the stock market showed a brief decline in the European stocks that suffered a loss of 300 index points and a 2% per value.

While, on the other side of the Atlantic, the Dow index also reported a loss of 4% – perhaps one of the biggest declines in the history so far. For the past 8 or 9 years, the losses have been recorded to be around 4% or more.

Likewise, Tokyo had its share of index points that dropped by another 7.5% during the month of August. An overall assessment of the MSCI World Shares Index pointed out a dreadful performance of stock market during the past three months. All losses were clinging to 4.1% on the average scale. The crude assets market was also equally under pressure because its losses expanded to 7% during August.

The only piece of good news that we were able to deduct from the U.S. economy was the customer confidence index. It strengthened in August, despite of a steeping rise in the housing prices. To some folks, it provided them a little breathing space.