Wednesday, June 7, 2006

Inflation fears in the US unsettle investors around the world

Markets beset by inflation fears

Investors are concerned that moves to control inflation in the US could stifle economic growth in the world's largest economy. "As long as such fears are out there, the local market will be pressured by sustained selling from large overseas investors, such as hedge funds, as they accelerate capital repatriation back to their home countries", said Shigeo Kikuchi, an analyst at Takagi Securities.

Posted by denzil @ 10:04 AM (539 views)
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