July 30, 2007

Stocks Hold Ground

“It’s going to be a touch-and-go day”

Stocks in the U.S. were holding near the flat line Monday morning as they tried to stabilize in the wake of a two-day selloff that took more than 500 points from the Dow Jones Industrial Average. via WHP-TV Harrisburg

Original post by WHP-TV Harrisburg

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“Stocks became a better bargain than ever!”

Expanding on Media Research Center’s July 30 CyberAlert and a similar post at NewsBusters : Nets Barely Notice Surge in GDP as They Focus on Dow Plunge The ABC, CBS and NBC evening newscasts on Friday all … via NewsBusters.org

Original post by NewsBusters.org

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The rising Canadian dollar and falling metals prices knocked down Canadian factory prices by a steeper-than-expected 1.3 percent in June from May, Statistics Canada said on Monday. via Globeinvestor.com

Original post by Globeinvestor.com

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The New Zealand dollar was buying about US76.40c this morning, having plunged on overseas markets on Saturday. via Manawatu Evening Standard

Original post by Manawatu Evening Standard

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FXstreet.com The Foreign Exchange Market, Spain - 41 minutes ago by FX Solutions Team • Euro gained against both the dollar and the yen today as the equities rebounded in Asia and Europe today.

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FXstreet.com The Foreign Exchange Market, Spain - 14 minutes ago iFOREX is in the business of teaching analysis of forex trends, and proposing potential trading signals - not recommendations.

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“The unwillingness for the US administration to get tough with the Chinese is more on the geopolitical side and the need to have China on their side and has nothing to do with Chinese trade.”

As Treasury Secretary Henry Paulson readies another China visit, US lawmakers are toughening their stand on Beijing by moving forward on legislation to punish countries with “misaligned” currencies. via Business Report

Original post by Business Report

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