US Stocks decline – Credit fears |
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USD lower Nikkei decline – hit 1 month low BOJ keeps rates steady Today’s main events: DE - ZEW Sentiment US – Producer prices US – Housing starts American Time Zone: U.S Stocks decline U.S. stocks declined the most in more than a week, led by banking and real estate shares, as growing speculation the government will bail out Fannie Mae and Freddie Mac rattled the mortgage market. Freddie Mac and Fannie Mae slumped to the lowest in almost two decades, losing more than 18 percent, after
Filed under: Fundamental
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