[blam]

Asian Markets Start With Big Selling, While Euro Just Keeps Heading Lower

Joe Weisenthal
May. 4, 2010, 9:58 PM

Following the big US market tank, Asian markets are picking up the baton.

Shanghai is down 8%. Hong Kong is off .2%. Tokyo remains on a long weekend.( The Nikkei 225 market is closed)

And here's the most distressing market. The euro is now decisively below $1.30, with steady selling all night and into the Asian morning.

[snip]

[Redbob]

"Following the big US market tank, Asian markets are picking up the baton."

But according to the current occupant of the White House, it's all the previous administration's fault...