Detailed text transcripts for TV channel - CNN - 20110503:08:04:00
Dollar didn't last very long. here in az qua, min asia, marke closed today. in australia, bonds getting a boost. central bank maintained 4.75%. most of today's market action centered on independent qua where interest rates have been raised by half a one percentage point in a bid to curve escalating inflation. there's a pretty big selloff, down 1.7%. there had been expectations it there would be a rate rise, but came in half at one percent which is bigger than expected and that prompted the selloff. india remaining one of the worst performing of all emerging markets. shanghai getting a bit of a...
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