Euroland PPI inflation

German Dax Lower Following Sharp Asian Equity Sell-Off

June 4, 2012

Stocks plunged 3.8% overnight in Indonesia, 3.4% in The Philippines, 3.0% in Taiwan, 2.8% in South Korea, Vietnam and China, 2.0% in Hong Kong, 1.9% in Australia 1.7% in Japan, and 1.0% in New Zealand.  The merry-go-round of selling pressure continued in Germany where the Dax has so far dropped 1.4%.  The Spanish IBEX, in […] More