Monday, May 15, 2006

Markets braced for the worst

News Item

Global markets are bracing for turmoil today after an ominous slide in the US dollar and a slump in equity and bond prices late last week sent tremors through the global financial system, evoking memories of the 1987 crash. Emerging economies have led the sell-off as investors recoil from risky assets, pummelling stocks and bonds in Turkey, Hungary, Iceland and much of Latin America.

Posted by TyrellCorporation @ 08:30 AM (676 views)
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