
Market optimism fizzles as Euro worry returns
World share markets are down, with worries about Europe overwhelming good economic data from the US.
World share markets are down, with worries about Europe overwhelming good economic data from the US.
Anyone hoping for a weekend fix to the global banking sector will have to wait a little longer - perhaps a lot longer.
Sharemarkets in Europe and the US are up after investors appeared to endorse the European plan to recapitalise threatened banks.
World markets rose overnight after intervention by the Bank of England and the European Central Bank eased fears about the European debt crisis.
New Zealand financial markets markets were in a holding pattern today after Europe's debt woes sparked a wave of selling around world last week.