SubscribeAsian Snap: Yen rises on Jakarta blasts – Stocks choppy into the weekend.
July 17th, 2009 • Related • Filed Under
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Asian markets traded with some consternation this morning as unrest in Jakarta tended to unsettle investors sending the Yen higher on risk aversion. This further exacerbated the fears that lender CIT was imminently close to bankruptcy. This said the recent optimism in markets on the back of strong earning’s numbers, a solid GDP reading and manufacturing data was still present while investors read… | ||||||||||||||||||||
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