Detailed text transcripts for TV channel - CNN - 20110323:08:13:00
Market action here. this is where the markets stand. they did finish broadly low yesterday. already 12 minutes into the trading session, as you can see, we're seeing some of those losses being exacerbated. heaviest losses coming from the markets in london and frankfurt. in the meantime, let's look at how the currencies are doing. the euro has been slipping today ahead of portugal's austerity vote. opposition parties in portugal have refused to back austerity measures drafted to help a greece-style bailout. currently trading at 1.4157. if they refuse to back that, it could trigger snap election...
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