US recession fears push prices lower
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Business & money: Stockmarkets fell sharply on continuing fears of a recession in the US that also pushed oil prices below $90.
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The US dollar sank to an all-time low against the euro yesterday amid concerns over the US trade and budget deficits and worse-than-expected US employment data.
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A raft of bearish data fuelled fears of a US economic slowdown on Tuesday as consumer confidence slumped to a two-year low and house prices in major cities suffered the biggest drop in 16 years.
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US stocks looked set to open lower on Monday as oil prices approach record levels, fueling concerns that high energy costs are biting into corporate profits and consumer spending.
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LONDON/SYDNEY  - Oil fell more than $1 to a one-month low below $89 a barrel on Monday, weighed down by concerns that a recession in top consumer the United States could drag down other economies and hurt oil demand.
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Fears of a US slowdown and mortgage market woes prompt a share slump in Europe, Asia and Wall Street.
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Fears of a US slowdown amid mortgage market woes prompt a share slump in Europe and Asia and jitters on Wall Street.
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Share prices fall sharply on India's main indices amid fears that a US recession could herald a global slowdown.
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holding off inflation worries for another month - though economists warned higher prices may be on the way. Prices paid by businesses fell
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U.S. government bonds prices dived on Thursday as fears of tighter monetary policy globally fueled a break above 5 percent, unleashing another round of heavy selling.
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U.S. stock futures pointed to a lower   market open on Thursday on persistent concerns over global   inflation and further signs of a deterioration of the U.S.   housing market.
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Wall Street stocks fell sharply on Wednesday after an index of manufacturing contracted last month to its lowest level since April 2003, raising fears that the US economy is slowing more than expected.
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US stocks had a weak start on Friday after news that consumer inflation surged last month, casting doubt over whether the Federal Reserve can lower rates in the future.
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U.S. Treasury debt prices moved lower on Wednesday, with traders chalking up the move to year-end position-squaring and some concern about potential inflationary pressures on interest rate policy.
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Fears of a falling US dollar pushed stocks lower Monday as investor concerns about rising inflation outweighed their satisfaction with a decent start to the holiday shopping season.
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BROKER downgrades of three blue-chip stocks and a rise in crude oil futures pushed US stocks lower yesterday as investors looked for a clear sign that Wall Street would continue its year-end rally.
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Oil prices fell as the market tracked fresh concerns about the US economy, with fears that a slowdown in the United States could dampen demand for crude, traders said Monday.