Down go the Asian and European markets again

malaise

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Mon Jan-28-08 05:08 AM
Original message

Down go the Asian and European markets again

http://news.bbc.co.uk/2/hi/business/7212465.stm
<snip>
European and Asian shares have fallen as concerns continue about the threat of recession in the US and its impact on the world economy.

The UK's main FTSE 100 index was down 81 points or 1.3% to 5,788 in early trade, while Germany's Dax had lost 2%, and France's Cac had fallen 1.9%.

In Japan, the Nikkei 225 had earlier finished the day's trading down 4%.

Analysts said dealers were cautious ahead of an expected interest rate cut from the Federal Reserve on Wednesday.

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