Things are bleak

across the world financial markets

See for instance (full link here

If you were wondering whether this financial crisis was a global phenomenon, wonder no longer. The world's major central banks jointly announced an effort to provide an additional $180 billion in emergency funds, bringing total auction facilities to $247 billion. The Federal Reserve, the European Central Bank, the Bank of England, the Bank of Japan, the Bank of Canada, and Swiss National Bank participated in the effort, the announcement of which calmed Asian markets and reduced overnight rates, but which hasn't yet had an impact on longer-term interbank rates.

Bad days I guess! For how long is the important question!