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Trading volume at record 5m shares (Khaleej Times)
KARACHI - Trading volume on the Karachi Stock Exchange yesterday fell to an all-time low of 5.349 million shares as investors hated to be the part of a terribly uncertain market plagued by the turmoil in the currency markets, weak economy and the FATA operation and stayed away.
Read more...Alaron Currency Comment (Ag Report)
CHICAGO - Jul 3/08 - SNS -- Following is the currency futures comment from Alaron Trading Corp. The DX opened higher at 72.385 and slid to a morning Lo of 72.305 after the ECB raised s/t rates 25bp to 4.25% and Non-Farm Payrolls showed a loss of 62,000 jobs.
Read more...Euro-dollar rate is stable in thin trading (AFP via Yahoo! News)
The dollar was stable against the euro here Friday, with the single currency hurt by a weak reading on German industrial orders.
Read more...Trading profits fall 84% in quarter (Baltimore Sun)
U.S. banks' trading profits fell 84 percent in the first quarter as they continued to be slammed by losses on mortgage-linked securities and other complex financial instruments. Banks' trading gains of $1.13 billion were down from $7 billion in the same period a year ago, according to a report released yesterday by the Treasury Department's Office of the Comptroller of the Currency.
Read more...Argentina, Chile: Latin America Bond and Currency Preview (Bloomberg.com)
July 4 (Bloomberg) -- The following events and economic reports may influence trading in Latin American local bonds and currencies today. Bond yields and exchange rates are from a previous session.
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