Embattled Country Garden (2007.HK) is aiming to pull together a tentative plan to restructure offshore debt by the end of this year, according to Reuters' sources. Sterling slipped.Ĭhina's stocks also fell in the slipstream of the global markets retreat and the yuan eased back against a firmer dollar too. The dollar (.DX) held its yield-bolstered gains on Friday, with dollar/yen creeping back further toward last-year's peak just under 152.Įven though the latest British GDP number was slightly better than forecast, it showed zero economic growth in the third quarter - a stark contrast to what was happening in the United States. consumer price inflation report to see if Powell and Co can been swayed.

That rippled through world markets overnight - although Wall St futures were steadier first thing Friday.Īttention now turns squarely to next week's release of the October U.S.

Whatever the main cause, fresh bond market jitters were enough to knock the S&P500 out of its winning streak and close almost 1% lower.

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