The Australian Central Bank pumps extra cash into the banking system for the fourth day |
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Good morning everybody. Yesterday we saw the rescue of the AIG by the Federal Reserve because a bankrupt of the AIG would have more dramatic implications as the washout of Lehman Brothers. Today the Washington Mutual, which is the largest bank of their kind in the United States, gets in focus so we can expect new exiting moves in the market. On the other side of the Atlantic Ocean the British HBOS is the next victim of the credit crisis. Market review The Australian Central Bank pumps extra
Filed under: Technical
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