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dipsydoodle

(42,239 posts)
Thu May 23, 2013, 08:20 AM May 2013

Global stocks markets hit after Chinese data and Fed comments.

Source: BBC News

Global markets fell after weak Chinese data and worries that the US Federal Reserve may slow its monetary stimulus.

In Asia, the fall was led by Japan's Nikkei index, which closed down 7.3% having fallen as much as 10%.

European markets also reversed recent rises, with London, Frankfurt and Paris falling around 2% at noon.

It followed data showing a slowdown in Chinese manufacturing, and Fed chairman Ben Bernanke's hint that Quantitative Easing efforts may be scaled back.

Read more: http://www.bbc.co.uk/news/business-22635446



European stock markets slide after Nikkei plunges 7% - live http://www.guardian.co.uk/business/2013/may/23/stock-markets-tumble-nikkei-ftse-eurozone
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