Thursday, June 14, 2007

Global stocks extend recovery, Treasuries steady

(Reuters) - European and Asian shares both rose -- with South Korea hitting an all-time high. The dollar rose against the Japanese yen and was flat versus the euro.




Central banks' tendency towards tightening, however, was underlined by the Swiss National Bank, which raised interest rates by 25 basis points to a target of around 2.5 percent and said more hikes are likely.


Read more at Reuters.com Hot Stocks News

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