Markets take a tumble.

Global markets once again took a tumble as stock market's around the world retreated on fears of a slowing economy.

I am not sure what they are fearing as clearly global economies are slowing, and no thing is going to change that near term.

Henry Paulson gave quite a detailed speech concerning the $700 mio usd bailout and the market didn't seem to like it very much.

Offshore Usd/Brl is bid way above the implied market as fears of further meltdowns are being built into the market.

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Good Luck and Good Currency Trading.