Archive for November 26th, 2009

New Overnight Developments Abroad - Daily Update

New Overnight Developments Abroad: Dubai Default Worries Hammer Markets in Asia and Europe

November 26, 2009

Equities plunged 4.0% in China, 2.8% in Indonesia, 2.0% in India, 1.8% in Hong Kong, 1.4% in Thailand, 4.1% in Vietnam, 1.1% in Singapore, and 0.6% in Japan.  The British Ftse, Paris Cac and German Dax arre 1.9%, 1.8% and 1.7% weaker.  U.S. markets will be closed for Thanksgiving Day. Amid a resurgence of risk […] More