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Brown resignation hits markets

11th May 2010

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THE MARKETS seemed to lose some of their enthusiasm for the Euro bailout package this morning as traders also digested the latest political twists in the UK following Thursday’s inconclusive general election results.

The Euro opened at $1.2687  — down from $1.2804 in late New York trading on Monday.

Asian stocks fell following yesterday’s rally triggered by news of the £750m Euro rescue package.

The FTSE opend more than 1% down at 5322.23

After a day of further talks betw......for the full story register now for free or login below...


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