ASX 1.05% $64.75 asx limited

too much bad news to come out It will swamp these good reports...

  1. 298 Posts.
    too much bad news to come out

    It will swamp these good reports from Intel and Google and lead to renewed fears in credit markets

    FTSE futures are only up 1%
    DOW futures only up about 20 pts

    A few down days from here I'd say.

    New stories to hand are here. Check 'em out.

    More credit worries in britain

    http://business.smh.com.au/boe-to-unveil-107b-rescue-package/20080421-27gt.html

    http://business.smh.com.au/banks-on-the-money-hunt/20080421-27gn.html

    US Housing crisis worsens

    ALSO

    Other reports this week are forecast to show that the number of Americans applying for jobless benefits remained elevated last week and consumer sentiment this month sank to a 26-year low.

    http://business.smh.com.au/us-housing-collapse-worsens/20080421-27gq.html




 
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