· · Spain and Italy face spiraling borrowing costs
· German unemployment rises
· US say China & Singapore exempt from oil sanctions
· Japan’s industrial output falls most since 2011 quake
· Barclays’ shares plunge on bank scandal
· Overnight markets up on European agreements
· European markets set to spike today
· Euro rises as EU leaders drop loan conditions
· Oil rises from nine-month low on supply worries
· Commodities advance on Eurozone agreements