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06/07/10 4:56 AM

#322562 RE: hang ten #322558

Europe And Asia Murdered Overnight

June. 7, 2010, 4:45

Asia markets tanked today, with Japan's Nikkei 225 down 3.8%, Hong Kong's Hang Seng dropping 2%, and Shanghai's CSI 300 falling 1.8%. In Europe, the English FTSE, French CAC 40, and German DAX are down 1.4% - 1.9% each.

The euro remains precariously below $1.20, at $1.195, after breaking the key level this weekend.

Still, Europe and Asia seem to have just been following last Friday's negative U.S. action. U.S. stock market futures
aren't showing a continuation of the blood bath, and are actually indicating a slightly positive/flat open thus far

Read more: http://www.businessinsider.com/asia-market-wrap-2-2010-6#ixzz0q9ioKxYL