New Overnight Developments Abroad: Awaiting Slew of U.S. Data
April 15, 2009
Following yesterday’s much worse-than-forecast U.S. retail sales and disappointing earnings reports, stocks fell by 1.1% in Japan, 0.7% in South Korea and the Philippines, and 2.2% in Vietnam. Equities are also trading down 0.6% in France and 0.5% in Germany. UBS posted a $1.7 billion loss last quarter, and Intel failed to give any profit [...]
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