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Equity Research
Asian stocks fell for the first time in six days after Japanese machinery
orders unexpectedly dropped and U.S. consumer credit slumped more than economists forecast. The euro weakened after credit‐default swaps suggested Greece is more likely to default on its debt than Iceland. The MSCI Asia Pacific Index declined 0.4 % to 127.74, retreating from its highest close since August 2008.
http://www.nirmalbang.com/Upload/Daily080410.pdf
orders unexpectedly dropped and U.S. consumer credit slumped more than economists forecast. The euro weakened after credit‐default swaps suggested Greece is more likely to default on its debt than Iceland. The MSCI Asia Pacific Index declined 0.4 % to 127.74, retreating from its highest close since August 2008.
http://www.nirmalbang.com/Upload/Daily080410.pdf