New Overnight Developments Abroad: Stocks and Sterling Falter

July 6, 2009

Stock markets around the world continued to move lower, and a drop is indicated by U.S. futures.  India’s Sensex tumbled 5.8% on a forecast of the biggest budget gap since 1994 (6.8% of GDP).  Equities also decined 1.4% in Japan, 1.9% in Indonesia, 1.5% in Singapore, 1.2% in Hong Kong, and 1.2% in Australia.  In [...]

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