Friday, May 7, 2010

US Financial Earthquake causes Asian Tsunami

ABC Radio Australia reports Turmoil on Asian markets over Greek debt crisis:
Japan's central bank says it will inject more than $US20 billion in liquidity into financial markets amid market turmoil caused by the Greek debt crisis.
While the Japanese blame the Greek debt crisis, America's ABC News is investigating a Possible Trading Error:
The sources told ABC News that the possible error by Citi involved what was supposed to be a $16 million trade on an S&P 500 futures-linked contract. The trade was entered in billions instead, they said.

No comments: