| TED spread | 2.71 |
| S&P 500 returns | +10.79% |
| VIX | 66.96 |
| Nikkei 225 (9:10 AM IST) | +6.39% |
| US Financials index | +12.16% |
| ICICI Bank ADR | +18.96% |
| Call rate on 27th | 9.3422% |
| Currency futures (9:10 AM IST) | 50.27 |
- Akash Joshi on systemic risk on the equity market.
- Joel Rebello and Raj Nambisan in DNA on dollar liquidity.
- An editorial in Financial Express on the stock market decline.
- An editorial in Indian Express on monetary policy.
- An interview in Economic Times with Ashok Chawla, the new Secretary of DEA.
- Jayanth Varma on the Aziz, Patnaik, Shah paper.
- Jayanth Varma on devaluations in Asia
- A great piece by Brad DeLong on central banks.
- An article in The Economist on the unsung hero of the crisis: the US FDIC
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