Oil slid and global stocks fell sharply on Monday after weak Japanese data
and last week's poor U.S. consumer confidence data sparked doubts about a U.S.
recovery and prompted investors to cut their exposure to risk.
Asian, European and U.S. stock markets fell to lows last seen in July as equities tumbled 2.0 percent or more around the world, and Wall Street suffered its worst loss in 7 weeks.
To read more, double-click on the square brackets below:
MARKET REPORTS: > GLOBAL MARKETS-Stocks and oil tumble on recovery worries > MONEY MARKETS-US T-bill rates steady as US stocks fall > EMERGING MARKETS-Asset prices drop as cracks in recovery seen > COMMODITIES-Skittish investors bailout
MAIN ECONOMIC AND FINANCIAL NEWS MOVING GLOBAL MARKETS > US builders upbeat, manufacturing shows some life > Federal Reserve extends TALF for commercial property > New York state manufacturing grows in August > US loan demand down except prime mortgages - Fed > US credit card defaults show signs of stabilizing > China's CIC to buy US mortgages - sources > China cut US Treasury holdings in June > US net overall capital outflows at $31.2 bln in June > Eurozone posts 3rd straight trade surplus in June > India aims for big winter crop as monsoon woes mount > Exports, stimulus lift Japan out of recession in Q2
ANALYSIS RELATED TO THE GLOBAL ECONOMY AND MARKETS > Bond popularity soars in asset-allocation mix > Asia looks for signs of life in election-bound Japan > GLOBAL ECONOMY WEEKAHEAD-Cheer the recovery, mind the setback > US economic recovery showing split personality > Recovery in UK property market? Don't believe the hype > Australian central bank a model for popping bubbles - > Quality in after investor binge on cheap assets > What the Federal Reserve is mulling at this weeks meeting > UK quantitative easing seen doing little for gilt yield curve > Central banks warm to gold as official sales shrink
FACTBOXES > TEXT-Federal Reserve extends TALF to aid commercial property > Idled cash: more fuel for stocks, or fire hazard - > Changes in global financial regulation > Background to the central bank gold sales agreement > Capital strength of major British banks > Major US financial regulation reform initiatives > Falling credit ratings in Easter Europe > Deflationary pressures in the eurozone > US Federal Reserve exit strategy tools > Where has all the US bailout money gone - > EU, Basel to tighten bank capital charges > UK announces banking reform blueprint > European bank writedowns, credit losses > Key data in new US loans, mortgage resets
(New York Treasury Desk +1-646-223-6300) Keywords: FINANCIAL/MARKETS LOOK
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Asian, European and U.S. stock markets fell to lows last seen in July as equities tumbled 2.0 percent or more around the world, and Wall Street suffered its worst loss in 7 weeks.
To read more, double-click on the square brackets below:
MARKET REPORTS: > GLOBAL MARKETS-Stocks and oil tumble on recovery worries > MONEY MARKETS-US T-bill rates steady as US stocks fall > EMERGING MARKETS-Asset prices drop as cracks in recovery seen > COMMODITIES-Skittish investors bailout
MAIN ECONOMIC AND FINANCIAL NEWS MOVING GLOBAL MARKETS > US builders upbeat, manufacturing shows some life > Federal Reserve extends TALF for commercial property > New York state manufacturing grows in August > US loan demand down except prime mortgages - Fed > US credit card defaults show signs of stabilizing > China's CIC to buy US mortgages - sources > China cut US Treasury holdings in June > US net overall capital outflows at $31.2 bln in June > Eurozone posts 3rd straight trade surplus in June > India aims for big winter crop as monsoon woes mount > Exports, stimulus lift Japan out of recession in Q2
ANALYSIS RELATED TO THE GLOBAL ECONOMY AND MARKETS > Bond popularity soars in asset-allocation mix > Asia looks for signs of life in election-bound Japan > GLOBAL ECONOMY WEEKAHEAD-Cheer the recovery, mind the setback > US economic recovery showing split personality > Recovery in UK property market? Don't believe the hype > Australian central bank a model for popping bubbles - > Quality in after investor binge on cheap assets > What the Federal Reserve is mulling at this weeks meeting > UK quantitative easing seen doing little for gilt yield curve > Central banks warm to gold as official sales shrink
FACTBOXES > TEXT-Federal Reserve extends TALF to aid commercial property > Idled cash: more fuel for stocks, or fire hazard - > Changes in global financial regulation > Background to the central bank gold sales agreement > Capital strength of major British banks > Major US financial regulation reform initiatives > Falling credit ratings in Easter Europe > Deflationary pressures in the eurozone > US Federal Reserve exit strategy tools > Where has all the US bailout money gone - > EU, Basel to tighten bank capital charges > UK announces banking reform blueprint > European bank writedowns, credit losses > Key data in new US loans, mortgage resets
(New York Treasury Desk +1-646-223-6300) Keywords: FINANCIAL/MARKETS LOOK
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.