Wednesday, June 27, 2007

OECD plays down emerging markets selloff risk

(Reuters) - Emerging markets have been hit by expectations that U.S.
interest rates will not fall soon, or may even rise further.
Weak stock markets, due partly to concerns about the
exposure of U.S. lenders to subprime mortgages, have also
reduced investor interest in risky assets around the world.




Read more at Reuters.com Economic News

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