Tuesday, July 20, 2010

20100720 0946 Global Market News.

Stocks ease, euro steadies from early fall
LONDON, July 19 (Reuters) - Global stocks slipped  and investors briefly shunned the euro after Moody's cut the credit rating of Ireland, slightly unsettling markets already worried about a slowdown in the pace of U.S. economic recovery.
"Investors are trying to assess the degree of slowdown in the recovery that we have seen over the last 12 months," said Keith Bowman, analyst at Hargreaves Lansdown.

No comments: