President Bush is expected to talk to the nation about the economy at 7:30 am today. Of course, most of the nation will be driving to work at the time.
Meanwhile, in markets around the world ...
Shares in Europe and Asia have fallen after news of an agreement on a $700bn (£380bn) US finance sector rescue deal failed to calm investors' nerves.
Confidence was also hit by the part-nationalisation of finance group Fortis, and the nationalisation of UK lender Bradford & Bingley.
The main European share markets all fell sharply, with the UK FTSE 100 down 2.5% and Germany's Dax 2.8% lower.
In Japan, the benchmark Nikkei 225 index closed down 1.3%.
However, news that a US rescue deal was set to be approved boosted the dollar, which climbed strongly against the pound and the euro.
In early trade in Europe, the euro was down 1.8% against the dollar at $1.4344, while the pound fell 1.9% to $1.8094.
No comments:
Post a Comment