Wednesday, July 2, 2008

Asian markets down again

Asian & Australian markets are following US markets down, typically 1-2% declines. However, Tokyo is rebounding & trying to break into the black. If it doesn't, this will be its 11th straight daily decline. The Shanghai market is down 51% this year, down 57% from its peak just a few weeks prior. Oil continues strong, up to new records at 144.28.

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