Early friday the stocks may come under pressure amid renewed Greece Worries, the latest news out of Europe offsetting recent optimism, its makes Dow Jones stocks are likely to come under pressure in early trading on Friday. The major index futures are currently pointing to a sharply lower open, with the Dow futures down by 100 points, very sharp
Sharply lower open is respons by Eurozone debt crisis, we reported Eurozone Ministers Demand More Measures From Greece, Hold Back Aid, Eurozone finance ministers on Thursday deferred the approval of a second bailout package for Greece, saying that the debt-ridden euro member should ratify a new set of austerity measures for receiving the EUR130 billion ($172.52 billion) aid to finance its debts.
Meanwhile, from Aussie economic news, RBA Trims GDP, Inflation Outlook; Sees Scope For Policy Easing, The Reserve Bank of Australia on Friday lowered its forecasts for economic growth and inflation this year citing faltering global growth, and said there is scope for more monetary easing if needed. Risk aversion rises
