The chaos continues in Libya.
Riots are ongoing, and according to reports from both Reuters and Al-Arabiya, the main government building in the capital city of Tripoli is on fire. Remember that last night, Muoammar Gaddafi’s son, Saif, gave a long, rambling speech on TV begging the public to stop protesting.
Equity markets aren’t reacting particularly strongly. Asia had a decent night, with big gains in China and India.
European markets are mixed.
Silver continue to push new highs, and crude has just surged back above $88.