November 20, 2008
Monday October 30, 2006 By Jennifer Coogan
This week may determine the sustainability of a shift from United States energy stocks to non-cyclical sectors when payroll data and several other key economic growth indicators are released amid a heavy stream of earnings reports.
Yen Surges and Carry Trades Reverse after China Raises Stamp Tax
China tripled its stamp tax on stock trading to 0.3 percent from 0.1 percent, triggering a reversal in the US stock market and carry trades. With the Shanghai index hitting another record high last night, the latest move by the government is seen as a bid to clamp down on the overheated market. The hope is that the stamp tax will... more...
Tokyo Exchange expands its presence in Indian stock market
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