Overnight:
July 17 (Bloomberg) -- Hedge funds are borrowing too much to finance investments in credit derivatives, contracts based on debt, which may magnify volatility in a market downturn, according to a Fitch Ratings survey of 65 banks, insurers and money managers.
The Yen is on a bid, pushing futures down a little. YM tests 14012 support.
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on Tuesday, July 17, 2007 at 7/17/2007 04:52:00 AM.
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