Bad News Is Pouring In &Nbsp; European And American Stock Markets Are Plunging.

As the three top 17 Fed members expressed their opposition to maintaining the ultra-low interest rate for a long time, the outcome of the meeting between German and French leaders far exceeded market expectations, and Morgan Stanley will be global this year on 18. Economics The growth rate is expected to drop from 4.2% to 3.9%, and investors are worried about the prospect of global economic recovery.

US economic data released on the 18 day are also not optimistic. Among them, the US consumer price index (CPI) increased by 3.6% in July and 0.5% in the month to year, the largest increase in the past three years and the past 4 months. The core CPI grew 1.8%, up 1.6% from market expectations. Moreover, for the first time in the past 13 weeks, the United States Apply The number of employment relief increased by 9000 to 408 thousand, higher than the market forecast of 395 thousand people and 399 thousand people in the previous week. The US housing sales decreased by 3.5% in July, at 4 million 670 thousand per annum, lower than the 4 million 920 thousand expected by the market. Analysts believe that CPI, labor market and real estate market data show that the US economic recovery is still variable.

On Thursday, worried about the global economic growth prospects. exacerbate With the disappointing economic data released by the United States, the US stock market closed down sharply, and the Dow fell more than 400 points, and the NASDAQ dropped by more than 5%.

As of 4:00 p.m. Eastern time, the Dow Jones Industrial Average fell 419.63 points, or 3.68%, to 10990.58 points, while the Nasdaq composite index dropped 131.05 points, or 5.22%, to 2380.43 points. The standard & Poor's 500 index fell 53.24 points, or 4.46%, to 1140.65 points.

On Thursday, the US's unfavorable economic data and the continued development of the euro zone sovereign debt crisis exacerbated fears that the major economies in Europe and the United States would fall into recession again. European stock market financial sector was hit hard, and the European stock index fell by 4.77% after the end of the day's trading.

The New York Mercantile Exchange's main gold contract in December rose 28.20 U.S. dollars to close at $1822 an ounce, or 1.6%. The contract rose to $1829.70 an ounce earlier, and it was also a new intraday price record.

The New York Mercantile Exchange's main oil contract in September fell $5.20 to settle at $82.38 a barrel, or 5.9%, on September.

Morgan Stanley, a Wall Street investment bank, issued a report on the 18 day, saying that due to inadequate response to the European sovereign debt crisis and weak market confidence, the global economic growth is expected to be lowered. The report said that excluding the unoptimistic data, the main reasons for the reduction of economic growth are the recent policy mistakes in the US and Europe, and the possibility of further tightening in 2012.

Data released by the US labor department on Thursday showed that the number of Americans applying for unemployment benefits increased by 9000 to 408 thousand last week. The increase is larger than the previous market expectations. Earlier, Wall Street economists once thought that the number of jobless relief at the beginning of last week would increase to 400 thousand.

In July, the US CPI grew by 0.5%, and the CPI growth rate was the largest monthly increase since March of this year, and the core CPI grew by 0.2%.

The US Real Estate Broker Association (NAR) released a report that the number of second-hand housing sales in the United States dropped by 3.5% in July this year, and the seasonally adjusted annual sales volume dropped to 4 million 670 thousand, hitting a 8 month low.

Wall Street investment bank Morgan Stanley released a report on the 18 day, claiming sovereignty over Europe. debt Crisis response is not enough, market confidence is weak, and so on, to reduce global economic growth expectations.

Hewlett-Packard Co, the world's largest computer maker, is expected to announce a plan to divest its computer business, and it is close to reaching a $10 billion deal for Autonomy Corp., a British software company, according to people familiar with the matter on Thursday.

Five bad interest triggering global stock market crash or low interest rate

There are 5 main reasons for the collapse of the peripheral stock market: first, the two Federal Reserve governor reiterated their opposition to last week's decision to "keep the low interest rate at least until mid 2013".

LarsFrisell, chief economist of Sweden's financial regulator, warned that the deterioration of the European debt crisis is likely to freeze the interbank market and cut off funding sources, and the Swedish banks must be more prepared.

Three, Morgan Stanley has lowered the forecast of global economic growth.

Four, the market is rumor that US regulators are stepping up their monitoring of major European banks in the US because they are worried that the European debt crisis may affect the US banking system.

The five is the CPI released by the US last night (up 0.5%) and the PPI released on Wednesday is also high.

Global growth is expected to fall, the biggest drop in oil prices in the week.

On the evening of August 18th, Beijing time, New York's oil price hit the biggest drop in a week since Thursday, leading to the decline of global commodity futures, mainly due to market concerns that the US and China's economic growth will slow down.

On Thursday, Morgan Stanley and Deutsche Bank announced a drop in global economic growth expectations, and two Federal Reserve officials claimed that the United States should not take action to protect equity investors. At the same time, crude oil futures prices fell by more than 3.4% in the New York Mercantile Exchange. After the US Department of labor announced that the number of initial jobless claims increased last week, crude oil futures continued to expand.

Adam Sieminski, chief economist at Deutsche Bank, said: "recent economic data is an indicator of price changes in all asset classes, which means that all futures except for gold futures are falling."

At 10:55 a.m. Eastern time, in the New York Mercantile Exchange, crude oil futures in September fell 4.54 US dollars, or 5.18%, at 83.10 US dollars per barrel. Meanwhile, in London's ICE European futures exchange, the Brent crude price in October dropped by 1.55 US dollars to 109.05 US dollars per barrel. (Yi song)

The stock market is down, and yields on treasury bonds are close to new lows.

On the evening of August 18th, Beijing time, the price of treasury bonds increased in early trading on Thursday, pushing the yield of benchmark bonds to its lowest level in history. At the same time, the US stocks were sharply lower on Thursday.

At 9:40 a.m. Eastern time, the US 10 year treasury bond yield fell 12 basis points to 2.05%, or 5.40%, only higher than the 2 lowest point at 2.03% of its lowest level in August 9th. The yield on 2 - year treasury bonds fell by 2 basis points to 0.18%, close to its lowest 0.16% in history. In addition, the yield of 30 - year treasury bonds fell by 14 basis points, to 3.43%, the lowest since March 2009. The lowest level of us 30 - year Treasury yields is 2.51% in December 2008.

Global economic growth worries India stock market's 15 month low

Beijing time on August 18th evening news, due to the impact of global economic growth on the market, the India stock market fell sharply on Thursday, hitting a 15 month low. At the same time, the market expects India central bank to raise interest rates in September this year to further slow down demand driven inflation.

On Thursday, India's benchmark index Sensex fell more than 2%, mainly due to fears that India's central bank may end its stimulus measures to support economic growth.

Worries about global economic growth are particularly influential on leading software exporters in India. The Bank of Paris has downgraded the sector. In Thursday's trading, Tata Consultancy Services Ltd's shares fell 4.2%, while Infosys Ltd. fell 3.6%, while Wipro Ltd. shares fell 4.7%. Infosys said the company is facing a challenging business environment in the European and US markets.

In the week ending August 6th, the inflation rate of food in India increased by 9.03% over the same period last year, down from 9.9% in the previous week, although the decline is still too high. In addition, the energy inflation rate in India in August 6th was 13.13%, higher than the previous week's 12.19%.

As of Thursday's close, the India Sensex index fell to 16469.79 points, the lowest closing level since May 2010. In the week of August, the index had fallen by 9.5%, and so far this year, it has fallen by 19.7%, the only Bovespa index in emerging markets after Brazil.