Friday, August 22, 2008

Thursday's News Recap: Canadian Inflation Rate Picks Up, Crude Oil Stages Rally

Thursday's News Recap: Canadian Inflation Rate Picks Up, Crude Oil Stages Rally
22 Agustus 2008 3:22
(CEP News) - Data released Thursday showed a rapidly rising annual rate of inflation in Canada, while in the U.S., the Philadelphia Fed's manufacturing index fell for the ninth straight month. Meanwhile, commodities staged a rally on fears of decreased Russian crude oil supply.


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