MARKETS: UK Chancellor of the Exchequer Philip Hammond urges calm after pound flash crash; ‘There will be ups and downs’ he said as US stocks turned from upward to decidedly downward with materials and Dow down – @ AceFinanceNews

#AceFinanceNews – Oct.07: This is an update on earlier crash of the U.K. Pound as it dropped 6.1%
https://acefinance.wordpress.com/2016/10/07/markets-bank-of-england-says-it-is-looking-into-flash-crash-that-sent-sterling-plunging-6-overnight-pa-acefinancenews

After the British pound crashed against the US dollar by 3% chaotic trading followed after an overnight flash drop – WSJ

http://on.wsj.com/2dAeCnz

As US stocks reverse their opening upward and headed decidedly downward, with materials falling more than 1.5%; Dow down 77 points – CNBC http://cnb.cx/2dKeeU

Then our new illustrious UK Chancellor of the Exchequer Philip Hammond urges calm after pound flash crash; ‘There will be ups and downs‘ – BBC News – http://bbc.in/2cZPYJJ

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