Summary
Fears of a global liquidity crisis curbing economic growth yesterday knocked down industrial metals, gold and oil, while wheat prices hit fresh highs on supply problems.
Asian stocks tumbled while European shares dived to a five-month low as spreading US sub-prime mortgage problems prompted investors to dump emerging market bonds, stocks and currencies in favour of safe-haven government bonds.See the full content of this document
Extract
Us Problems Bring Investment Dumping ; Markets
Copper, considered a gauge of the real economy, fell to a two- month low, aluminium slipped to its lowest in 10 months and oil fell more th...
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