U.S Market Update
- After a rocky start equity markets are posting respectable gains this morning. Credit jitters returned briefly early on after the sequential declines in three-month USD LIBOR hit a wall, the overnight USD LIBOR actually rose and commercial paper outstanding was seen falling for the seventh week in a row. The Saudi Arabian oil minister said that market forces should set prices (OPEC's emergency conference takes place in Vienna tomorrow), helping crude make hit session lows around $66 before
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10/23/2008 4:09:48 PM
FXstreet.com: Fundamental
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