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Stocks Fall in Asia, Europe, Yen Rises on China Rate Concern

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posted on Apr, 19 2007 @ 06:30 AM
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Stocks Fall in Asia, Europe, Yen Rises on China Rate Concern


www.bloomberg.com

April 19 (Bloomberg) -- Stocks slumped in Asia and Europe on concern China will raise interest rates in response to faster- than-expected economic expansion.

Shares in China fell the most in seven weeks, led by China Vanke Co., the nation's biggest developer. Benchmarks in Australia and South Korea also retreated from records. Stocks in Europe fell the most in more than a month, paced by BHP Billiton Ltd., the world's largest mining company. The yen and U.S. Treas
(visit the link for the full news article)



posted on Apr, 19 2007 @ 06:30 AM
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A sell off has started in Europe and Asia. Last time, the DOW dropped 500 points. We could see another global sell off. The Chinese stock market losted 5%, other markets in Asia lost between 2-3%.

www.bloomberg.com
(visit the link for the full news article)

[edit on 19-4-2007 by infinite]



posted on Apr, 19 2007 @ 10:13 AM
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Yeah, I work in Telekurs and we experienced some huge dataflows today; seems the markets are panicking again.



 
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