Monday Morning Madness in Oz.........

vesta · 10-26-2008, 10:22 PM

Hi folks,

the market here in Australia is following the closing patterns of the US on Friday and taking a bit of a battering...here's a few links to peruse:

Dollar Dives as Investors flee to greenback,
http://www.bigpond.com/news/business...27/2401710.asp

Local Shares dive again amid Asian Rout,
http://money.ninemsn.com.au/article.aspx?id=652956

Australian Funds in Crisis after Bank Guarantee,
http://money.ninemsn.com.au/article.aspx?id=652712

since the majority of European and banks of the Americas are yet to start their new wk's trding this should be interesting to see the repercusions over there as well.

Blessings,

Vesta

10-26-2008, 10:22 PM	#1
vesta Avalon Senior Member Join Date: Sep 2008 Location: Rural NSW, Australia Posts: 141	Monday Morning Madness in Oz......... Hi folks, the market here in Australia is following the closing patterns of the US on Friday and taking a bit of a battering...here's a few links to peruse: Dollar Dives as Investors flee to greenback, http://www.bigpond.com/news/business...27/2401710.asp Local Shares dive again amid Asian Rout, http://money.ninemsn.com.au/article.aspx?id=652956 Australian Funds in Crisis after Bank Guarantee, http://money.ninemsn.com.au/article.aspx?id=652712 since the majority of European and banks of the Americas are yet to start their new wk's trding this should be interesting to see the repercusions over there as well. Blessings, Vesta Last edited by vesta; 10-26-2008 at 11:43 PM.