Dollar Corrected Further on Rate Speculations, Risk Sentiments to Stay Weak Investors were shocked by the roller coaster ride in the financial markets last week. In particular, stock markets tumbled sharply on worry over global slowdown. After massive selloff, equities stabilized before the end of the week and recovered. DJIA once dived to as low as 15855.12 during the week, which was -8.6% down from the record high of 17350.64 made less than a month ago. DJIA then recovered to close at 16380.41. FTSE also dived to as low as 6072.62, -12.1% down from record high of 6904.86 made in early September, then closed at 6310.29. DAX reached as low as 8354.97, -10.1% down from September's high of 9291.20, then closed at 8850.27. Treasury yields were also sharply hit as US 10 year yield dropped to as low as 1.868 before closing at 2.199. Yield on German bunds tumbled to record low of 0.716%. But, Eurozone peripheral bonds were sold off with greek 10 year yield jumped 147 basis points this week. Full Report Here... | 
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