Foreign Exchange Market Finansy16-01-2008 Stock Exchange collapsed. Spirit of the disaster reached the Russian collapse - with the words commented news agency the situation on the U.S. stock markets and Asia. That is sad, but not the final outcome of global credit crisis and a lump of problems in the U.S. economy. The situation is somewhat like the financial storm of 1997-1998, which ended in Russia's default. What will turn the current crisis? The second day of news from the world's stock exchanges reminiscent of reports from the front. And from the front, no matter where things are going. Following the U.S. markets on Wednesday collapsed Asian stock indexes. To post a huge loss of financial group Citigroup added no less impressive reporting of JP Morgan and Wells Fargo. For Asian markets picked up the trend and Russia. Russian stock market fell sharply today. Fell even actively rising up to Tuesday's action leading Russian mining companies. Leaders began falling shares of oil companies and Gazprom.
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