Stock market fixing:
Nikkei 225 +19.02 +0.1% 13,353.78
Topix +2.51 +0.2% 1,300.79
DAX 30 -85.56 -1.33% 6,351.15
САС 40 -52.73 -1.20% 4,324.45
FTSE 100 -40.00 -0.75% 5,312.60
Dow -239.61 -2.11% 11,131.08
Nasdaq -46.31 -2.00% 2,264.22
S&P -23.39 -1.86% 1,234.37
10YR -0.9300 -0.226% 4.018%
NYMEX Crude Oil +1.47 +1.19% 124.73
Gold +0.90 +0.10% 937.80

Japan's Nikkei 225 Stock Average rose after Yahoo Japan Corp. said profit grew and commodities producers climbed on an increase in metals prices. Carmakers dropped after Honda Motor Co. cut its full-year earnings target.
Yahoo Japan, operator of the nation's most visited Web site, climbed to a two-week high, while Mitsui & Co. led a gain by trading houses. Honda, the nation's second-largest automaker, posted its biggest drop in a month. Advantest Corp., the world's biggest maker of memory-chip testers, fell the most in more than four months after forecasting a loss.
Yahoo Japan said net income rose 18 percent in the three months to June 30, the fastest quarterly gain since June 2007, on increased revenue from online advertising. The shares jumped 4.3%, the highest since July 10.
NTT DoCoMo Inc. rose 2.3%, while its parent Nippon Telegraph & Telephone Corp. jumped 3.1%.
Mitsui surged 5.7%, making it the biggest winner on the Nikkei. Larger rival Mitsubishi Corp. added 2.6%.
Honda lost 2.9%, the sharpest drop since June 19. The company cut its full-year target for operating profit by 3.1% because of higher material costs and lower vehicle sales.

European stocks fell for a third day, led by banks and airlines, as concern deepened that credit losses and the economic slowdown will hurt earnings.
HBOS Plc and UBS AG retreated after Australia & New Zealand Banking Group Ltd. forecast its steepest full-year profit drop since 1992 as bad loans swell. Banco Bilbao Vizcaya Argentaria SA dropped after a surge in loan defaults cut earnings. Ryanair Holdings Plc, Europe's largest discount airline, slumped 23% after predicting its first full-year loss since going public in 1997 on higher fuel costs. British Airways Plc and Deutsche Lufthansa AG also declined.
HBOS tumbled 7.3%. UBS slid 5.5%. Deutsche Bank AG fell 2%.
ANZ's earnings per share excluding income from derivatives trading will decline 20% to 25% in the 12 months to Sept. 30. Chief Executive Officer Mike Smith said the company tripled provisions for delinquent loans from a year earlier.
Royal Bank of Scotland Group Plc sank 4.1%. Lloyds TSB fell 3.9%.
Lufthansa retreated 3%. Europe's second-biggest airline's operations at Frankfurt and Hamburg face disruption today as its employees begin a walkout over pay.
BHP Billiton Ltd., the world's largest mining company, increased 4.4%. Cheuvreux raised its recommendation to ``outperform'' from `underperform'' before the company reports full-year results on Aug. 18.

Stocks on Wall Street slipped Monday as investors feared that the ongoing credit crisis would dampen an economic recovery.

Shares of government-backed mortgage finance giants Fannie Mae and Freddie Mac turned higher in the early going after the Senate approved a bill on Saturday that could establish a rescue plan for the embattled firms. The bill would also provide up to $300 billion in loans for troubled homeowners. The House passed the bill on Wednesday, and President Bush is expected to sign it soon.
Verizon reported quarterly earnings grew 12%, beating Wall Street analysts' forecasts. The company said that profits were boosted by growing wireless operations, despite more customers shifting away from land lines.
Kraft Foods said its quarterly profit rose 4%, which surpassed analysts' expectations. The company's earnings were helped by raising prices to offset higher commodity costs.
Japanese automaker Toyotaannounced Monday it has cut its global sales and output targets by 350,000 vehicles for 2008 amid the slumping North American market.
Drugmaker Amgen, which is set to report its quarterly results after the market's close, reported a positive study of its experimental osteoporosis drug called denosumab.

The dollar fell from near a three- week high against the euro as concern U.S. financial company losses will widen led traders to reduce bets that the Federal Reserve will increase borrowing costs in September.
The currency dropped for a second day as Minneapolis Fed President Gary Stern told the Financial Times that the U.S. credit crunch will get worse.
The dollar declined even afterCongress passed legislation to prop up Fannie Mae and Freddie Mac, the two largest providers of U.S. mortgage financing. The U.S. Congress sent to the president legislation to stem foreclosures for 400,000 homeowners and aid Fannie Mae and Freddie Mac, its most sweeping effort to halt the biggest housing slump since the Great Depression in the 1930s.
The dollar depreciated to an all-time low of $1.6038 per euro on July 15 on concern financial losses and record oil prices may prolong the economic slowdown in the U.S.
The dollar may stay under pressure on speculation that declines in home prices and employment will make it difficult for the Federal Reserve to raise interest rates. Analysts predict home prices fell by 16% in May from a year ago, the most on record. U.S. nonfarm payrolls fell by 75,000 in July, following a decline of 62,000 in June, according to a separate survey of economists.
Futures traded on the Chicago Board of Trade showed a 37% chance the Fed will increase its 2% target rate for overnight lending between banks by at least a quarter- percentage point by Sept. 16, compared with 43% odds on July 25.

EUR/USD was capped within the $1.5700/20 range before moved to fresh highs for the day near $1.5764 and retreated.
GBP/USD slept to fresh lows for the day around $1.9842 and then the move ran out of steam. Later rate recovered back to $1.9870. Triggered stops and offers thought $1.9890/00 zone, pound tested $1.9960.
USD/JPY fell from Y107.58 before recovering to Y107.75. Later rate set stable within the Y107.20/50 range.

In Europe attention will be on inflation data from France and Germany.
At 10:00 GMT CBI retail volume balance is due to come.
At В 14:00 GMT the focus will be on US consumer confidence data. Analysts predict index rose to 50,4 in July after 50,1 month earlier.