THE TELEGRAPH: The FTSE 100 joined a fresh global market sell-off and the euro hit new four-year lows on jitters for the world economy after a fall in Chinese factory production and worries over the ability of European banks to weather a escalating eurozone crisis.
The euro sank fell more than 1pc against the dollar to $1.2115 as deteriorating sentiment along with rising tensions in the Middle-East following Israel's storming of Gaza-bound aid ships bound fuelled safe-haven demand for the dollar. >>> | Tuesday, June 01, 2010