Forex TV - The JPY rallied vs. the majors. The USD advanced vs. the EUR, GBP, AUD, CAD. U.S. equities tumbled - DJIA falls 733 pts. MG Financial's Tam with his Fx forecast.
Forex TV - The USD traded higher vs. the JPY, after a rise in equities from poor news from Lehman Brothers. OPEC decides to cut oil production. BBH's Thin with his Fx forecast.
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New York-based developer Time Equities, Inc. hosted a groundbreaking event June 23, 2008 to celebrate Lower Manhattan's newest green residence and boutique hotel, 50 West Street. Designed by world-renowned architect Helmut Jahn, the $600 million, 580,000-square-foot mixed-use skyscraper anticipates LEED-Gold certification upon its completion in 2011.
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A wave of selling has again engulfed the worlds equities markets on Monday. Russia's RTS and Micex were both down more than 15% in afternoon trade after being halted for an hour at about 14.00 Moscow time. Thats after Tokyo and Hong Kong closed more than 4% lower, and with London, Frankfurt and Paris down more than 5% in lunchtime trade in Europe.