The Herald is reporting that the New Zealand Stock Exchange has rallied this morning following the postive night on Wall Street. The NZX rose just over 2% in the first fifteen minutes of trading today.
All eyes will be on the US House of Representatives when it reconvenes on Friday morning our time to vote again on a revised bailout proposal.
1 comment:
The Senate will be voting first. The 'mark to market' folly has been removed and this move alone will free up quite a lot of liquidity.
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