Asian markets recovers on Wednesday

The global stock market performed better than expected on Wednesday and the changes in market situation brought new hope to investors towards American economy. In the last two days the economy was low and the stocks like airlines stocks reached a new low but Wednesday was an auspicious day for investors.
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German forecast recession will ease in 2009

The forecast for German business confidence was predicted to be at a 26 year low in April by economists but the market has rebounded after the announcement of government stimulus package and the interest rate cuts and now the economists are predicting recession will ease in 2009.
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U.S. capital investment falls by 61 %

In the first quarter U.S. venture capital investments fell to $3 billion by 61% and the level is lowest in the last 12 years. National Venture Capital Association said the investments in 2007 and 2008 have lowered by 87 % and that will affect the clean energy deals.
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Dollar looses as Euro supply rise

Dollar dropped on the weekend against Euro and Yen as the Federal Reserve announced to buy treasuries and ramp currency supply. The U.S. currency is declining since last week and Australian and New Zealand currencies are gaining since the last three weeks.
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