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Asian stock rally pauses

 
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tungsteng
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Joined: 29 Oct 2007
Posts: 73
PostPosted: Mon Dec 03, 2007 10:02 am    Post subject: Asian stock rally pauses Reply with quote
Oil bounced back above $89 a barrel on Monday, steadying from last week's near $10 slide, but Asian stock markets took a breather after posting their best weekly gain in more than three months.
The pause in stocks helped the low-yielding yen firm slightly, recouping some of Friday's decline against the dollar and euro, and pushed safe-haven Japanese government bonds higher...
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rffrydr
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Joined: 30 Oct 2005
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Location: Sunny California
PostPosted: Sat Jul 05, 2008 7:44 am    Post subject: Reply with quote
That hallmark of asian markets, INTERVENTION, "10 X Earnings magic number."


http://www.ft.com/cms/s/0/52fe4f08-463c-11dd-9009-0000779fd2ac.html
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