It led some economists to consider ratcheting back forecasts for economic growth and spurred traders to ramp up bets on further monetary stimulus from the Federal Reserve.
Britain's benchmark interest rate has been at a 38-year low of 4percentt since last November and economists have gradually scaled back forecasts of an increase in the fall.
Indeed, Fiat's new-car registrations were down 5.5% in Europe last year, and the Agnelli family, which still controls the business, has scaled back forecasts for 2009, projecting a loss 300 billion euros ($400 billion).
The results met the scaled-back forecast the company issued on July 6, but were down sharply from $429 million, or 19 cents, in the period a year earlier.
Vans Has Second-Quarter Loss, Backs Forecast.
The survey results backed forecasts before voting started on 7 April that the BJP – and its allies – should be able to reach a majority in parliament after trouncing the ruling Congress party.
Commerzbank pushed back its forecast for a rate rise by three months, until June 2011.
The Electronic Industries Association of Japan has scaled back its forecast to a little over 10m DVD players produced annually by 2001.
Yet as poor data have slipped into the mix, markets have pushed back their forecast for when the first interest rate increase will come.
Barclays economists on Monday pushed back their forecast for a rate rise from the next month to March in the wake of the highly volatility markets.
Citing growing fears of the effect of a prolonged economic malaise, the market research firm International Data Corporation is scaling back its forecast on global personal computer sales.
