Futures flat as bank fund news awaited (Reuters)

By Pete Southern in Uncategorized | October 15, 2007 14:00 |

British entrepreneur Richard Branson stands in front of the London Stock Exchange to announce a bid for Northern Rock Bank October 12, 2007. Branson, founder of the Virgin Group known for its airline and music stores, launched a U.S. company on Monday that manages consumer loans between friends and family. (Luke MacGregor/Reuters)Reuters – Stock futures were little changed on Monday, with oil prices at record highs while investors stayed cautious on reports U.S. banks were planning an $80 billion fund to support the struggling asset-backed commercial paper market.


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Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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