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Regional stockmarkets lose ground

By   || June 15, 2009 at 03:40 GMT
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The Taiwanese exchange is down over 3%, the Kospi is down over 1% and all other exchanges are down by between 0.25%/0.5% on a day dominated by risk aversion related to geo-political events in Iran and North Korea. The oil price dipped back below $72/bbl as fears of another economic slowdown outweighed supply fears from any middle-eastern tensions. Gold is steady at $940/oz.

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