Equity Markets and Carry Trade Rally as Citigroup is Bailed Out by US Gov't
Monday, November 24th, 2008
News that the US government was going to rescue Citigroup through a cash injection and guarantees for $300 billion of troubled assets bolstered stocks around the world. With equities up as much as 10% in Europe risk appetite helped boost high-yielders and carry trade.
News Provided by CMS Forex
http://www.cmsfx.com
Newscaster: Nick Nasad
Open up a free practice account and start trading Forex today
Link to this comment:
All Comments (0)