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Message Subject >>>> MARKETS vs. TIMEWAVE ZERO
Poster Handle Wubbo Ockels
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Europe woes, US earnings season hit shares, euro

Global equities and the euro fell on Tuesday on concerns over the U.S. earnings outlook and a stark warning from the IMF about global growth, while oil jumped on escalating tensions in the Middle East. Government debt prices rose in a bid for safety as anxiety among investors picked up on the International Monetary Fund's gloomier view of the global economy. The uncertain outlook for Spain and Greece added to concerns. Tens of thousands of angry Greek protesters filled the streets of Athens during a visit by German Chancellor Angela Merkel, who offered sympathy but no promise of further aid on her ...
FULL STORY: [link to www.forexfactory.com]


Asia shares fall as economy gloom hits techs, miners

* Nikkei down 1.3 pct, MSCI Asia ex-Japan down 0.4 pct. * U.S. stocks fell 1 pct, Intel off 2.7 pct after downgrades. * Euro falls 0.1 percent to $1.2865. * Brent crude falls to $114 a barrel. Asian shares fell on Wednesday, led by losses in technology and materials stocks after brokerage downgrades for top chip maker Intel Corp and a warning from global miner Rio Tinto about the uncertain near-term outlook. Global equities and the euro had fallen on Tuesday, knocked by gloomy forecasts from the International Monetary Fund, which said the world economic slowdown was worsening, and pessimism ...
FULL STORY: [link to www.forexfactory.com]


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