New Overnight Developments: Risk Aversion Is Back
May 26, 2009
There’s been a big rise of the dollar and a big decline in stocks on two factors: 1) North Korea firing two more short-range missiles and 2) heightened jitters about German banks. Stocks fell 2.1% in South Korea, 2.3% in India, 1.8% in Indonesia, 1.4% in Thailand, 1.2% in China, 0.8% in Hong Kong and [...]
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