These days market tend to react on every bit of news that comes in their way and they do that with great vigour, be it sub-prime mortgage mess in the U.S., Yen carry trade un-winding among larger financial institutions, rate cuts by U.S. Fed, Inflation etc.
Markets doesn't seem to be making up it's mind on future course as news flow is very fast and confusing, and markets hate uncertainity.
Wednesday, August 29, 2007
News
Posted by fantastic at 6:32 AM
Labels: Inflation, Interest Rates, Markets, News, SubPrime Mortgage, U.S., Yen Carry trade