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Saturday, December 08, 2007

Gain Seen For Thai Stocks []

Gain Seen For Thai Stocks []
After a public holiday on Wednesday, the Thai stock market is poised to follow the rest of the region to the upside when the Stock Exchange of Thailand opens for business on Thursday.

Singapore Stocks Seen To Rebound []
The five-day winning streak is over, but investors in the Singapore stock market are optimistic about starting up another positive trend when the market kicks off trade on Friday.

Rebound Called For China Stocks []
After a minor correction on a cautious Thursday, investors in the China stock market hope the Shanghai Composite Index is ready to bounce back into positive territory on the final day of the business week.

Yen Falls To Major Currencies After GDP Numbers Revised Down [USD/JPY]
The yen declined against other major currencies in early morning Friday trading. Investors contemplated the release of data showing slower than expected Japanese economic growth.

Dollar Stable To Loonie After Early Losses; Traders Weighing Jobs Reports From US And Canada [USD/CAD]
The dollar was stable to the Canadian loonie after the release of Friday's pivotal report on the November jobs situation in the US. The greenback plunged in early dealing when data revealed strength in the Canadian jobs market.

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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.