Stock gains to slow as investors go on data watch

Publication: South China Morning Post - G-China

Publication: South China Morning Post – G-China

Provider: South China Morning Post

Date: September 3, 2007

Central banks have been injecting cash into the markets since mid-August and equity investors have reaped the benefits. But concerns over the global credit squeeze and United States mortgage woes haven’t disappeared, and if bulls need a reason to check their enthusiasm they won’t need to look far to find it.

US Federal Reserve and Treasury officials on Wednesday will testify at a government hearing set up to investigate the credit and mortgage debacle.

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