Monday, April 30, 2007

Tokyo stocks drop, oil slips in thin trade

(Reuters) - The euro raced to a record high against the yen, boosted by expectations the European Central Bank would raise interest rates in coming months, but trade was thin with most Asian markets and many in Europe shut for national holidays.

Britain's FTSE 100 index was expected to open 13 to 15 points lower, according to financial bookmakers, having closed up 30.5 points, or 0.48 percent, in the previous session.


Read more at Reuters.com Hot Stocks News

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