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Financial fears, high inflation rattle Wall St - MSN MoneyCentral
NEW YORK (Reuters) - Stocks fell for a second straight day on Tuesday, shedding 1 percent, as credit worries hit bank shares and a report showing inflation remains a threat despite slower growth further fed investor anxiety. Shares of financial ...
Read more...Bank of Japan cuts view on exports, consumer spending, production - Forbes
TOKYO (Thomson Financial) - The Bank of Japan (BoJ) downgraded its assessment on exports, consumer spending and production in its latest monthly report released on Wednesay, a day after it lowered its overall view on the economy. 'Growth in exports ...
Read more...Investors slam shares of Babcock satellites - Financial Times
Investors punished shares of the satellite groups of Babcock & Brown on Wednesday, the day after the parent company’s decision to halt trading in its shares ahead of its full-year results due on Thursday. B&B called the halt after its shares slid ...
Read more...Volatality to continue in Asian oil markets - Commodity Online
As per financial astrology today, Venus, Mercury, Sun and Saturn are in Singh Rashi, Moon is in “Meen”.This combination is indicating volatile movement in bullion and metal in Asian market. Some long positions in bullion and metal may unwind ...
Read more...Oil Rises a Second Day on Dollar Drop, Gasoline Supply Forecast - Bloomberg
Aug. 20 (Bloomberg) -- Crude oil rose for a second day as a weakening dollar prompted investors to buy commodities as an inflation hedge. Oil rebounded as the dollar fell against the euro from its highest level since Feb. 20. Prices had declined in ...
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