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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (8238)	9/12/2007 10:04:14 AM
From: Hawkmoon	of 33421

Japanese Prime Minister resigns.. Likely that the BOJ is on hold with regard to future interest rate hikes as economic performance diminishes. reuters.com Separate data showed that consumer confidence among (Japanese) households fell to the worst level since December 2004. The BOJ left the overnight call rate target unchanged at 0.5 percent in August in light of the credit squeeze sparked by jitters over the subprime problems. Its next policy decision comes on Sept. 19, just after the U.S. Federal Reserve meets. Hawk

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