Hedge funds do not need more regulation |
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Quote: ‘The all-powerful market which is always right is finished.’ Nicolas Sarkozy (1955-) The News: UK FSA’s Hector Sants says hedge funds do not need more regulation and that they are weathering current turmoil better than other financial sectors. The Numbers: British Summer Time, with expectations and previous figures in brackets. (21:00) NZ Reserve Bank of New Zealand interest rate decision: -100 basis points to 6.50% and expects to cut further. 00:50 JP September Trade Balance +95B Yen Read More...
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