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Weaker USD
Posted by Bob Slade on Mon, 04/14/2008 - 7:53am in
Monday April 14, 2008
The dollar continued to be battered after Wachovia announced an unexpected loss due to
subprime mortgage issues. The G-7 meeting this weekend produced no concrete steps to
address the credit crisis.
Equity markets in Asia and Europe fell as the G-7 minister’s negative comments on the state of the world economies added nervousness to an already jittery market.
US Futures are lower.
Oil: $111.11
Economic Calendar
