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S&P 500
5,070.55
(
1.20%
)
US TECH 100
17,061.20
(
1.84%
)
Dow Jones
38,503.69
(
0.69%
)
Brent Oil
87.63
(
1.41%
)
Bitcoin
66,410.55
(
-0.67%
)
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Ataglance2

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Ataglance2

Re: None

Thursday, 03/20/2008 6:38:29 PM

Thursday, March 20, 2008 6:38:29 PM

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19:44 FOREX: Trsry Reaches Agreement with Abu Dhabi, Singapore SWF San Francisco, March 20. After meetings today, the US Treasury has reached an agreement with Abu Dhabi and Singapore sovereign wealth funds, with the treasury stating that it wants the IMF and OECD to build on the principles for the funds. The Treasury calls for more disclosure as well as strong internal controls and risk management.
Forex activity is grinding to a halt with most flow tied to short-covering on USD/JPY and JPY crosses. The rise in stocks today, with the DJIA up over 250 pts into the close, is underpinning the JPY cross bounce.

Don



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