June 27, 2006

In so far as the rest of the world coordinates their exchange rates and monetary policy, the U.S. moves will also elicit tightening moves in the rest of the world economy. Monetary policy, uncertainty and the fact that the central banks of the world appear to have reacted in a coordinated fashion, all had a big hand in the market decline.

You must have an active account to view these reports. You may register for a trial here

Download Complete Report in PDF Format

Download Complete Report in Word Format