David Waring

Bloomberg: Stocks Fall in Europe, Asia on Economy Concern; Shell, TNT Drop - The MSCI World Index lost 2.5 percent to 927.05 at 12:17 p.m. in London, Europe's Dow Jones Stoxx 600 Index fell 2.8 percent, the MSCI Asia Pacific Index lost 8.4 percent and Futures on the Standard & Poor's 500 Index added 11.4 points, or 1.3 percent, on growing concern bank bailout plans in the U.S. and Europe will fail to avert a global recession.

More on the Financial Crisis:

Bloomberg: Money-Market Rates Decline After Central Banks Inject Cash, UBS Bailed Out

Bloomberg: Iceland Bank Collapses Pose `Substantial' Risk to Corporate CDOs, S&P Says

CNNMoney: Gloom gathers ahead of Google results

Marketwatch: Dollar rises after Wednesday's turmoil - The dollar index rose 0.6% to 82.87, as investors took profits from low-yielding rivals like the Japanese yen after the previous day's turmoil which saw the Dow Jones Industrial Average slump 733 points.

Reuters: Oil falls over $2, recession looms - U.S. crude for November delivery was $2.33, or 3.1 percent, down at $72.21 a barrel at 4:50 a.m. EDT as investors braced for a plunge in demand and economies teetered on the brink of recession.

Reuters: Gold, platinum tumble in commodities sell-off - Gold slipped more than 2 percent in Europe on Thursday as losses in equities sparked further selling of commodities.

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Disclaimer: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades.