US Futures Sliding After Egypt Chaos, And Losses In India, Indonesia, And Europe

Food inflation Indonesia

Photo: AP

The Shanghai composite was a big winner last night, but generally speaking the tenor of the day is negative.US futures are all lower, having slid recently in the last couple of hours.

Most overseas markets are down. India fell 1.4%. Jakarta fell 2.25%.. In Spain, the IBEX is off about 1%.

But it could be worse. The euro has erased most of its early losses. And after initially spiking, both gold and oil have given back some.

The bottom line is that it’s not a total washout just yet.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

markets moneygame-us