Greenspan fears China market fall
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Chinese shares fall after Alan Greenspan said its stock markets were due for a "dramatic contraction".
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Chinese stocks wobbled in volatile trading early Thursday after former U.S. Federal Reserve Chairman Alan Greenspan voiced concern about an eventual correction in China's stock markets following a spate of record highs.
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U.S. stock index futures pointed to a lower market open on Tuesday as a tumble in China's main stock index worried investors before a slew of U.S. economic data and earnings reports.
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Swollen trade deficits eventually could threaten the economy by souring foreign appetites to invest in the United States, Federal Reserve Chairman Alan Greenspan warned Friday.
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The dollar suffered a renewed bout of selling after the US Federal Reserve's chairman Alan Greenspan hinted that a further depreciation in the US currency may be necessary to bring the US current account deficit down.
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U.S. stock futures fell on Thursday,  pointing to a slightly lower market open, with Wall Street  looking poised for a pull back, while China's interest rate  hike added concerns that global economic growth may slow.
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Federal Reserve Chairman Alan Greenspan roiled financial markets Friday, saying a widening US trade deficit could scare off foreign investors and dampen the US economy.
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Former Federal Reserve Chairman  Alan Greenspan on Wednesday said a rise in import prices of  Chinese goods to the U.S. may be a signal the disinflationary  process may be reversing.
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There is little reason to fear a wholesale pullout by China out of U.S. government bonds, former Federal Reserve Chairman Alan Greenspan said on Tuesday.
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U.S. stock futures slid on Thursday,  pointing to a slightly lower market open, with Wall Street  looking poised for a pull-back, while China's interest rate  hike added concerns that global economic growth may slow.
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Investors were concerned that a slowing U.S. economy could spell trouble for Asiaâs export-dependent economies.
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NEW YORK - U.S. stocks are seen heading slightly lower at the open with Federal Reserve Chairman Alan Greenspan's testimony later Wednesday likely to dictate sentiment and overall direction...
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TORONTO - Stock markets could find it tough to find traction this week as a blunt warning from Alan Greenspan rings in investors&#39; ears.
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Â· Markets braced for falls after Wall Street slump  Â· Period of slower growth sparks fears of trade war
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Former Federal Reserve Chairman Alan Greenspan said his successors at the U.S. central bank should act cautiously in lowering interest rates because of inflation risks, according to an interview published on Sunday.
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The Chinese stock market falls a further 5% with investors still worried that Beijing might intervene to slow growth.
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The insatiable foreign demand for  dollar holdings would eventually fall as investors diversify,  U.S. Federal Reserve Chairman Alan Greenspan said on Friday in  remarks that landed hard on the dollar.