Thai Stocks Unlikely To See Rebound []
There were enough global cues to make sure that Thailand's stock market closed below water on Monday, and the cues are even more negative ahead of the market's open on Tuesday.
New Zealand Market Ends Down On Wall Street Losses []
Tuesday, Wellington shares closed sharply lower after the U.S stocks fell overnight on renewed credit and economic growth concerns. The benchmark NZX 50 Index dropped 47.37 points or 1.15% to finish at 4,067.30, off the day's low of 4,049.56. The broader NZX All Capital Index lost 11.93 points or 1.08% and ended at 1,105.58.
Dollar Falls To New Multi-year Low Versus Swiss Franc, Gives Back Yesterday's Gains Versus Other Majors [USD]
The US dollar weakened in early deals on Tuesday and gave back most of its previous day's gains against the majors by about 3:15 am ET. The dollar was then quoted at 1.476 against the euro, at 2.064 versus the sterling and at 110.4 against the yen. The greenback, at the same time, fell to a new multi-year low of 1.1098 against the Swiss currency, surpassing yesterday's lowest level of 1.1154.
Tuesday, November 20, 2007
Thai Stocks Unlikely To See Rebound []
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Any views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsibly for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
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