Markets in Europe were sharply lower at 6.20 AM.
The FTSE fell 1.2% to 6,448. BHP Billiton (BHP) was down 3.8% to 1765. Northern Rock was up 2.3% to 191.2.
The DAXX was off 1.3% to 7,782. Daimler was down 3.5% to 71.35. Siemens (SI) was down 2.2% to 89.31.
The CAC 40 was down 1.8% to 5,640. BNP Paribas was down 2.3% to 73.91. Societe Generale was down 3% to 113.19.
Data from Reuters.
Douglas A. McIntyre
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