Global stock market decline, on the one hand and the debt crisis in Europe did not significantly ease the concerns related to the situation in hand and geopolitical tensions related.
Europe, in fact, no real bad debt side, but investors in Portugal, the EU may apply for assistance to the growing suspicion, the market also flooded with various versions of news or rumors. Although the officials repeated this rumor, but the effect is limited. The fragile state of mind not only to suppress the stock market, but also suppressed the won, yen, euro, commodity currency exchange rate, and also support the dollar index. As of 23:09 last night, the won depreciated 1.93% large.
Other aspects of the Portuguese Parliament on Friday passed the Budget 2011, the contents of the budget including the 2011 budget deficit-GDP ratio from the original estimate of 7.3% to 4.6%.
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