U.S. stock futures advanced on Monday, with traders taking heart from overseas central banking injections and stock-market rises after a week full of worries about the extent of the damage from U.S. subprime-mortgage defaults.
-chu.ge(楚格, 海闊天空);
2007-8-13(#4532@43)
be confident! :-)
-chu.ge(楚格, 海闊天空);
2007-8-13(#4533@43)
The New York Federal Reserve injected just $2 billion in liquidity into the market on Monday, well below the $52 billion requested by banks and other institutions, according to a posting on the New York Fed's websiteThe $2 billion was injected in the form of overnight repurchase agreements and purchases of Treasurys and agency debt. By contrast, on Friday central banks in the U.S., eurozone and Asia injected billions of dollars, led by a $84 billion injection from the European Central Bank. On Monday the ECB put an additional $65 billion into the banking system. End of Story
-chu.ge(楚格, 海闊天空);
2007-8-13{365}(#4538@43)
The financial turmoil is far from over. Tougher days are still ahead. Be prepared.
-jeffl(jeffl);
2007-8-13(#4540@43)