Markets Slide Italy Default US Jobs Risk
Published / Last Updated on 03/08/2011
Markets Slide Italy Default US Jobs Risk.
Markets have continued to fall on the back of Euro debt contagion and also worries on US employment data due tomorrow.
FTSE closed down over 2% at 5393.14 with similar falls in Europe and the US suffering even higher falls.
We all with “bated breath” for the news tomorrow. We suspect it may not be as bad as everyone thinks, and a lot the market turmoil is driven by speculators who need the market to move.