Markets appeared to have reached a flashpoitn overnight with leaders squabbling over Eurobonds
U.S markets mark worst session in over a week.
European equities lose a percent.
Spanish yields rise, suggesting confidence is deteriorating and quickly!
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Bernanke has not ruled out further QE, but responded to a weak economic climate by extenting Operation twist by 270B though 2012
U.K unemployment cliams jump, FTSE ends higher.
Aussie markets start well.
Chinese manufacturing PMI due at midday
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Spanish yields decline
Fed likely to act on stimulus rumour
Greek's may receive relaxed austerity measures
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New Democracy will form coalition government
Equities, Aussie dollar rally on positive risk sentiment
G20 Summit set to start tomorrow, growth on the agenda
RBA monetary policy minutes due tomorrow.
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Rumours of a coordinated approach by central bankers to tackle the European debt crisis have buoyed markets overnight
U.S equities finished up over a percent, while European equities finished flat.
Bank Of England Governor King mentioned he may be getting closer to further stimulus or looser policy.
Pro-bailout New Democracy party leading election polls
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Greek elections due this weekend
Yields on Spanish debbt rise again
Geithner chimes in on debt crisis
U.S CPI and PPI dissapoint.
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