- All the markets in Asia-Pacific fell save India and Singapore. Most of the large markets in the region were off 1.5-2.5%.
- Europe's Dow Jones Stoxx 600 is posting minor gains in late morning turnover.
- US shares are firmer but little changed.
- Sterling spiked to almost $1.4240 in early Asian trade but has steadied in the $1.4150-1.4200 area.
- The New Zealand dollar is the strongest currency today, up about 0.6% to reach almost $0.7400, a new three-year high.
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Equities Try To Stabilize, And Low Short-Term Rates Help Keep The Dollar On The Defensive