Author: 123jump.com Staff
123jump.com
Last Update: 4:40 PM EDT August 21 2007
Markets around the world remained nervous and looked for direction for the U.S. credit market jitters. The Central banks around the world pumped liquidity to the system. Japan, U.S., Europe, and Australia added liquidty. The worldwide injection has now exceeded $200 billion in the last ten days. The Bank of England lent $620 million to an unnamed bank at penalty rate. Oil fell but copper traded firm. Gasoline in New York trading fell. Gold edged lower.
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