PORTUGAL

Next week could see some major worldwide financial implications, depending on what three of the world's largest central banks do at their scheduled meetings.

The Spanish crisis, last week’s German vote, talk of a possible withholding of funds for Greece, and now the downgrading of the credit outlook for Europe’s strongest economies, point to a worsening of the financial crisis, a reduction in support for the euro, and a global economy increasing at risk.

Asian stock markets declined Wednesday as mounting concerns over the euro zone debt crisis continued to weigh on the sentiment while disappointing earnings from Apple hit tech shares.

Most European markets fell Wednesday as investors continued to have concerns of the worsening economic conditions in the euro zone.