European equity markets fell to their lowest levels this year after a sell off on Wall Street and Asia overnight amid fears monetary tightening in the US and Europe
Media Release
Jun. 8, 2006

The FTSE Eurofirst 300 fell 1.8 per cent to 1,265.33 with the Xetra Dax in Frankfurt down 2 per cent to 5,435.31, the CAC-40 in Paris 1.8 per cent lower at 4,738.10 and the FTSE 100 in London 1.5 per cent down at 5,619.0. But all were off their worst levels of the day.

European equity markets fell to their lowest levels this year after a sell off on Wall Street and Asia overnight amid fears monetary tightening in the US and Europe
Media Release
European equity markets fell to their lowest levels this year after a sell off on Wall Street and Asia overnight amid fears monetary tightening in the US and Europe could harm economic growth.
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Nikkei 225 suffered its biggest one-day loss in a year amid concerns about a stagflation in the US
Media Release
The Nikkei closed 3.1 per cent lower at 14,633.03. The Topix, the index most favoured by fund managers, dropped 3.3 per cent to 1,482.22.
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Slightest disruption to supply could result in further large price rises : Alan Greenspan
Media Release
International oil markets had become so tight that even the slightest disruptions to supply could result in further large price rises, Alan Greenspan, the former chairman of the US Federal Reserve, said on Wednesday.
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US dollar extended its week-long rally amid continuing expectations for further US monetary tightening
Media Release
The US dollar extended its week-long rally amid continuing expectations for further US monetary tightening and reports that Abu Musab al-Zarqawi, al Qaeda’s leader in Iraq, has been killed.
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London suffered a sharp sell-off in response to heavy falls overnight in Asia
Media Release
London suffered a sharp sell-off in response to heavy falls overnight in Asia. By late morning, the FTSE 100 index was trading 111.7 points, or 2 per cent, lower at 5,594.2.
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Stocks take a back-to-back battering
Media Release
Again rattled by Bernanke remarks on inflation, slowing growth
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Asia follows U.S. markets downward
Media Release
Asian stocks headed lower...
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Iran warns U.S. on oil shipments
Media Release
Ayatollah Ali Khameni, Iran's supreme leader, has warned the United States that...
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The dollar fell more than a cent against the euro after a much weaker than forecast May US employment report
Media Release
The dollar fell more than a cent against the euro after a much weaker than forecast May US employment report which softened expectations for the future pace of monetary tightening.
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