On Tuesday, the Asian market is seeing a huge drop in.Japan's benchmark Nikkei 850 index points and the Australian ASX 200 benchmark index was down two percent.However, other Asian markets are closed on the occasion of the Lunar New Year.
Sharp fall in Asian markets, the Nikkei 850 points
The sharp sell-off in crude oil prices and bond yields is zero pressure on the Asian market.Japan's benchmark Nikkei 850 index fell 16 points to the level of 168 thousand has come.Meanwhile, Australia's benchmark ASX 200 index fell 2.5 percent and dropped to the level of 4847.
The US market is also broken
On Monday, the first trading session of the week on the US market has seen the impact of global concerns and intraday trading on the benchmark index Dow fell 400 points was seen.At the end of the day, and closed 177 points lower. The Nasdaq was down 2 percent fall.Wholesale trade data will be released in the US market on Tuesday and Thursday, the Fed chairman will keep his word Committee.
Nasdaq 178 and Dow Jones 79 points rolled
US markets with the Dow Jones Industrial Average fell 178 points to close at 16 thousand 27.The Nasdaq composite index shed 79 points is huge.S & P 500 Index closed 26.61 points down.
Decline in the European market
European markets were mostly the worst market fell more than 3 percent.Oil and gas sector may need to sell assets to invest in banks, the sharp fall in the European market is estimated.The UK's FTSE 159 benchmark index closed at the level of 5689 points has dropped. Germany's benchmark DAX Index fell 307 points to close at 8979 levels.
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