MarketS DailY - Feb 17

US Markets
Mkts Closed

Europe
FTSE 100 4135-54.84 (-1.31%)
CAC 40 2962-35.64 (-1.19%)
DAX 30 4367-46.75 (-1.06%)

Asia at 9 30 AM
Nikkei 225 7670-80.37 (-1.04%)
Hang Seng 13058-397.61 (-2.93%)

SGX Nifty 2797 -31 pts

Commodities
Light Crude (NYM) 37.51 (+3.53)
Gold (CMX) 942.20 (-7.00)

News Today

*Japan is grappling with its worst economic crisis since the end of World War II, the nation's economic and fiscal policy minister says.

* The Bank of Japan's policy board will meet this week under pressure to come up with creative answers to the nation's deepening economic gloom.

*Interim budget turned out to be a non-event, Industry and stock market gave thumbs down to the budget.


* United Kingdom's economy will only get worse in 2009, the Confederation of British Industry said on Monday.

* Euro Falls to 10-Week Low on Concern Europe's Financial Turmoil to Worse.