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Asian Stocks Mixed Reaction |
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Written by Top Ten List
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Monday, 23 November 2009 |
The Asian stock exchange took a change today, whereby stock investors were cautious on the entire trading scenario due to the fact that the figures released for the US economic performances might be a little lower as predicted. Generally, the US economy is recovering, but the recovery rate might be slower than anticipated. Many analysts are forecasting that the official figure released by the trades department for the United States GDP might be lower than forecasted 3.5 percent. On the other hand, crude oil price has hovered above $78 per barrel, and surprisingly the dollar performed exceptionally well when compared to the yen.
Personally, I believe that the entire economic recovery scenario is guaranteed, but clearly, Obama needs to be more ascertain when it comes to promoting the United States back to the world as the world leader when it comes to trading.
Do you think that the United States can recover in dues time?
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