[Spridgets] Stock Markets - no LBC ( Asian parts? :))

Robert Duquette robertduquette at sympatico.ca
Fri Jan 25 07:06:33 MST 2008


Don't kill me, I'm only the messenger! :)

- - -

After a tumultuous week, Asian markets rallied Friday as investors took 
heart from Wall Street's gains overnight and positive U.S. labour market 
data.

Traders also welcomed details of a tax rebate for American consumers 
announced as part of U.S. President George W. Bush's economic stimulus plan. 
The tax rebate will put $600 to $1,200 US in most tax filers' pockets.

"The markets are reacting to news that Bush and Congress have agreed to 
accelerate tax rebates for U.S. consumers so they can go out and buy more 
exports from Asia," said Francis Lun, a general manager at Fulbright 
Securities in Hong Kong.

from:
http://www.cbc.ca/money/story/2008/01/25/asia-markets.html


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