The Shanghai Index fell 2.6% overnight.
Italian bonds are blowing out. If sustained, this is bigger deal than the stock market swoon across Europe: CAC down 1.45%, FTSE down 1.1%, Dax off .4%. A lot of Libyan shares apparently in Italy and Libyan interests own over 7% of Unicredit, the biggest bank in Italy. Ouch.
The euro is off but not horribly so considering all the bad news even before Libya raised the stakes. 1.36 at this hour.
The yen has strengthened (but the yen and Japanese stocks, which were off 1.7%, usually trade in opposite directions).
Brent has backed slightly from its spike to $108, gold and silver have recovered a bit after falling in a dollar rally.
US nerves clearly rattled. S&P futures off over 17 points (it was over 19 a little while ago) and Dow futures off over 100 points.