XJO 0.88% 7,959.3 s&p/asx 200

absolutely relentless, page-85

  1. 2,793 Posts.
    The next event for the market will be this weekend. Paulson is seeking a special meeting of the Group of 20 countries, including the world's richest industrial countries and major developing countries, to discuss methods to deal with the global credit crisis. The meeting is expected to take place on Saturday in Washington. The Group of Seven major industrial countries, the 185-nation International Monetary Fund and the World Bank will also meet this weekend. What they put together holds the key. Can they convince the markets that it is safe?

    This coming Monday, October 13th, 2008 is a public holiday in United States (Columbus Day) and Canada (Thanksgiving) – financial markets in the US will be closed. So this weekend is going to be a long one in more ways than one.
 
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