W4CA Network

Because many investors worried about the global economic recession, global stock decreased. Last Friday, Wall Street ended its trade with high decrease. It followed the same thing in Europe and Asia. Dow Jones index decreased  3.59% or about 312 points to be  8,378.

In stock markets in Europe, London was closed by decreasing about  5%, Frankfurt lost more than  5% and  Paris decreased more than 3.5%.

The investors sold stock to all over to world because their prediction of bad global economic condition, so they found other investment forms.

If you know more, they are the signs of global economic recession:

* Stocks in Asia fell away sharply. Seoul dropped  10.6%, while Tokyo declined  9.6%.

* Oil price decreased although  OPEC cut the production about 1.5 millions barrel each day. Crude oil price from  AS light sweet decreased from $3.69 to be $64.15. Brent London fell away to be $ 61.51.

Global money market indicates the signs of under pressure condition although many governments and central banks pumped fund into  money market more than hundreds of billion dollar.

The investors are worried that stock price will fall and many companies can not pay the loans.