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Text of G7 communiqué
" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970
" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970
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G-7 Says `Market Turbulence' May Slow Global Growth
Luxembourg Finance Minister Jean-Claude Juncker, who attends G-7 meetings to represent the euro-area, said investors should be wary of making ``one way'' bets on currencies and pledged to monitor markets after recent ``sharp moves.''
That ``lack of consensus to talk up the dollar'' means it will extend its slide next week, said Robert Fullem, vice president of U.S. corporate currency sales at Bank of Tokyo- Mitsubishi UFJ Ltd. in New York.
" When your hairdresser starts giving you stock tips, get out quick and wait..." mvh SPX 970