· TSX -262.21pts a selloff in gold and oil pushes TSX as concern over global recession fuels fear that commodity prices have hit their peak
· Dow +43.97pts
· Dollar +.38c to $94.43US
· Oil -$1.24 to $113.77US per barrel.
· Gold -22.40 to $792.10US per ounce suffering its largest weekly decline after just 5 months ago breaking through $1000 US per ounce
Almost a year to the day the ABCP market ground to a halt, investors find out Monday whether a plan to restructure the $32b asset-backed commercial paper market can proceed from the Ontario Court of Appeals
Monday, August 18, 2008
Subscribe to:
Posts (Atom)
