VIDEO ON MSN MONEY
"Dealers suspect the People's Bank of China has engineered the recent decline in its currency to inject more two-way volatility into the market and wrong-foot speculators who had amassed huge positions wagering on its continued rise.
The more relaxed mood saw a largely quiet start for European markets. The main share bourses in London, Frankfurt and Paris opened down 0.4, 0.2 and 0.3 percent respectively, weighed down by falls in major Swiss banks Credit Suisse and UBS."
M.A.N.I.P.U.L.A.T.I.O.N. No stock survives because all get indicted for it.
It doesn"t matter what the stock market does.
The CEO"S and the board of directors will make their millions.
We, as the supporters(the share holders) will get shafted in the long run.
If we only had the inside story like they do.
We would khow when to sell or buy.
It"s called corruption.
And who gets paid first The stock broker.
Good luck . And I hope that I"m doing the right thing too as I play these markets.
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[BRIEFING.COM] Equity indices continue drifting near their best levels of the day, but the energy sector (-0.4%) has recently tumbled to a fresh low amid a decline in the price of crude. The energy component is now lower by 1.2% at $93.32/bbl after trading little changed at the start of the session.
Outside of energy, the utilities sector (-0.7%) is the only other decliner. Elsewhere among countercyclical groups, the consumer staples sector underperforms, but has been able to stay out ... More
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