Wednesday, March 7, 2012

90 seconds at 9 am: Markets hit hard (news with Bernard Hickey)

NZ$ down to 81 USc
Dow down 200 pts
1.6% lower
European GDP down
0.3% in Dec qtr
UK sales down
Chinese target cut
Commodities hit
Gold, metals slump
1.4% down
Biggest loss this year
Fonterra down 0.9%
Greek debt swap
Deadline tomorrow
20% agreed
75% needed
US 10 yr down
Most in 3 weeks
Swaps not rising
Still fixing?
A$ down too
RBA easing bias
Allen Stanford
US$7 bln ponzi


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