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Monday, December 03, 2007

Stocks Fall On Weak Manufacturing Activity - U.S. Commentary []

Stocks Fall On Weak Manufacturing Activity - U.S. Commentary []
Stocks are slightly lower in early trading on Monday after a report was released showing a further decline in U.S. manufacturing activity and as investors took stock of the housing and credit slump.

New Zealand Currency Advances Against Buck [NZDUSD]
The New Zealand currency rose against its American counterpart in trading on Monday. As action moved into the midday, the kiwi rose steadily to 0.7677. The pair moved as the ISM said its purchasing managers index edged down to 50.8 in November from 50.9 in October, with a reading above 50 indicating growth in the sector.

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