+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Markets Slipping After Japanese Stocks Get Clobbered

May 7, 2014, 13:48 IST

REUTERS/Issei Kato

Good morning!

Advertisement

There's a lot going on.

The big event overnight was the rough session for the Japanese stock market, which fell nearly 3%. This was partially follow through from the ugly US session.

It also comes amid bad data from Japan, and evidence that the recent sales tax price hike has harmed the economy (surprise!).

European stocks are a bit in the red right now, and US futures are basically exactly flat.

Advertisement

Ominously, German factory orders showed a big drop in March, that was unexpected.

And a court in Thailand has removed PM Yingluck Shinawatra from office over abuse of power.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article