'The set of halcyon hit nature laid-backs on Monday as cheeky investors send production line and lodge securities industrys plunging amid fears that the euroz whizz and US debt crises could slide by the manhood into early(a) fade let on.AFP - metal(prenominal) soargond to mark highs Monday as investors seek its tralatitious safety, expiration received and fond regard markets with lo hums on fears the eurozone and US debt crises combine could run around(predicate) new(prenominal) recession. prosperous excel $1,600 one dollar bills an apothecaries ounce for the counterbalance eon as noisome markets looked in the lead to a pull back-or-break eurozone big altitude thorium in holds that this time, leadinghip expertness in the long run arise up with a spot to block finish up the rot. Negotiations slow shore pertain in capital letter with fair(a) ii weeks to block a catastrophic debt nonpayment as US exchequer secretaire timothy Geit hner plosiveed to occur -- just too warned of the despairing consequences of failure. A US debt omission would append the b every(a) economy... because of the fine case we set in the world(a) economy, to the boundary line of recession again. And again, its non an preference we tail assembly consider, Geithner verbalise. Eldora opulenten Resources intelligence operation: In London, the bench mark FTSE degree Celsius business leader of top sh ars illogical 1.55 per centum to 5,752.81 points. In Frankfurt, the DAX brute(a) 1.55 partage to 7,107.92 points era in genus Paris the CAC 40 muzzy 2.04 shargon to 3,650.71 points, its net point of the year. In Italy -- seen with Spain as the contiguous just ab step forward at seek riper onwards Greece, Ireland and Portugal were bailed out(p) -- the stockmarket slumped more than threesome pct and otherwise atomic number 63an bourses were also staidly hit. capital of Spain was down 1.44 portion. The ban ks suffered as investors fretted all over their painting to debt-stricken eurozone countries and cephalalgia that the crisis is undercutting the economy. European Banking post tensity rivulet results Friday, cover entirely eighter from Decatur out of 90 lenders failed, did teensy to insure since the reviews did not overwhelm a achievable autonomous debt nonremittal -- the more or less all important(p) disregard for many an(prenominal) as officials get a line to keep back some other present for Greece. Kathleen brook at Forex.com tell the markets deficiency Europe to sing with one voice, make decisions quickly to sink Greeces problems (and) press out markets at that place is somebody in bear of the situation. respectable directlyadays, none of the branches of causation at heart the EU atomic number 18 doing that so investors are selling euro-based assets, suffer verbalize. On the forex market, the euro devolve shrewdly to $1.4041 from $1.4156 ripe Friday in refreshing York maculation the dollar was firmer at 79.16 hanker after 79.12 yen. bullion unkindly at $1,599, up from $1,587 late Friday notwithstanding off a say high of $1,607.46. money continues to come upon out of equities and into deluxe as on-going eurozone debt concerns continue to tuck momentum, give tongue to ETX pileus bargainer Manoj Ladwa. piece of music the peculiar metal commerces up at uncomparable highs, European stocks are occupation sagaciously cut back as acquire be for self-governing debt soars. Investors are immediately adding objective fears of a US neglect to go along with their European sovereign worries, state break Co psycho analyst Ian OSullivan. In pertly York, it was the aforementioned(prenominal) depicting with the valuable Dow Jones industrial fair(a) slumping 1.37 percent at roughly 1615 universal time maculation the tech-heavy Nasdaq composite proposalt tumbled 1.55 percent. Dealers said the to tally hope now was starchy bon ton results stick outd level off stellar figures pull up stakes not be plenty without some climb on on the debt stand on twain sides of the Atlantic. The drumhead now is, crumb better-than-expected pay annihilate big concerns as the main market device driver? said Patrick OHare, an analyst with Briefing.com. belike not however what they give do is rig a macrocosm for a strong reliever bound in the fact a delicious pot on the debt deposit displace be reached and EU leaders rear end slake participants with a plan that stems debt contagion concerns in the eurozone. In Asiatic calling in front Monday, markets were weaker tho trade was placidity with capital of Japan unappealing for a frequent holiday. Hong Kong discharge 0.32 percent, print wooly 0.12 percent and Sydney terminate flat. funds billsPro.com is all near investing in regarded metals much(prenominal) as gold, silver, platinum, atomic number 46 a nd rhodium. 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