ECB drove Euro down

On Friday Asian markets ended weak while traders start concerning about the situation of the global economy. An addition to their concerns is the Chinese trade data for February coming in under expectations. Hong Kong's Hang Seng index sank more than 1.7% in its last hour of trading. The Shenzhen composite dropped more than 3.7% to finish at 1,605.27.

The Shanghai Composite fell more than 4% to finish at 2,969.84 and the Shenzhen component dropped more than 3.2% to finish at 9,363.71.

  On Thursday the U.S Stocks declined following the European Central Bank cut its economic growth outlook for the year. ECB also published a new series of stimulus to support the banks in the area, increasing concerns over the global economy. The Nasdaq Composite fell more than 1%to 7,421.45. The Dow Jones Industrial Average lost about 200 points and went at 25,473.20 while the S&P 500 dropped 0.8% to 2,748.92, driven by drops in the financials and consumer areas.