Basically, the European markets fell and Asian markets were appeared to be mixed on Friday (4 July 2008) as investors digested uneven economic readings on the U.S. economy and oil prices that remained at all time peal. While Nikkei on the other hand had posted its 12th straight record losing streaks.
In Europe, Britain's FTSE 100 closed down 1.16 percent to 5,412.80, German's DAX fell 1.28 percent to 6,272.21, and France's CAC-40 slid 1.80 percent to 4,266.00.
In Asia, Indonesia's main index rebounded after selling off nearly 4 percent the prior session. Hong Kong and Australia equities also were higher after rebounded slightly.