By MarketWatch
Indications: Wall Street set to start fourth quarter in the red
Wall Street looked set to start the fourth quarter on the back foot as news that Greece will miss its deficit target weighed on stock markets across the globe.
See Indications.
The Bank of Japan’s closely watched tankan business-sentiment survey improved in July-September, with the headline index covering large manufacturers rising to +2 from -9 in the previous quarter.
See Economic Report.
Europe Markets: Europe stocks drop on Greek-deficit fears
European stock markets fell sharply on Monday, with banks such as BNP Paribas and Commerzbank leading losses, while mining and luxury-goods stocks also fell.
See Europe Markets.
London Markets: Burberry, Barclays, Rio Tinto weigh on FTSE 100
The FTSE 100 followed the Continent lower on Monday on news Greece will fall short of its budget-deficit goals this year.
See London Markets.
Asia Markets: Asia stocks plunge on European, Chinese concerns
Asian stock markets dropped sharply on rising concerns of a Greek sovereign default, and with Hong Kong weighed by additional worries over China’s financial health.
See Asia Markets.
Currencies: Euro falls, dollar gains on Greece worries
The U.S. dollar gained against most of its major rivals Monday, while the euro fell after Greece said it won’t meet its deficit targets this year and investors worried about when the nation may receive the next tranche of aid from international lenders.
See Currencies.
Metals Stocks: Gold and silver futures rise as stock markets drop
Gold and silver futures both rose as another round of worries over the euro-zone crisis saw traders shun equity markets in favor of perceived safe-haven investments.
See Metals Stocks.
