All eyes are on the global and European markets this morning, over continuing concerns about the state of the global economy.
Asian stock markets have fallen, Japan’s main Nikkei is down two percent and the Chinese stock exchange is down over four percent.
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Friday saw shares slump globally, with trillions of dollars wiped off the value of global markets, after the US had its triple A credit rating downgraded for the first time.
Attention is also on Europe, where efforts are also underway to prevent financial meltdown once the markets open.
The European Central Bank says its ready to begin a bond-buying programme in eurozone countries which are heavily in debt.
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