Eoin Treacy's view Considering the extent of this week's declines, here are some charts I believe will be useful in monitoring the development of this crisis. Also see Brent Crude and the DJ EuroStoxx Banks Index mentioned above.

EUR Libor 3-month - EUR Generic 3-month spread - the Eurozone's equivalent of the TED spread broke upwards this week and extended the advance today, signalling a continued widening of the risk premium on the Eurozone's financial sector.

EuroBunds - this was an odd day in the Bund market. Until the close it had been working on a large downside key reversal but settled a full point and a half above the final trade. at 132.36. If the action in other sovereign bond markets is any indication Eurobunds have encountered at least short-term resistance. However it will need to sustain a downward dynamic for more than a day or two to confirm this view.

Asian Dollar Index - posts a large outside week following an impressive advance. The risk of a reversion towards the 200-day MA has increased.