Overnight Market News – June 11, 2009
- US Foreclosures Fall 6% in May from April But Rise 18% from May 2008, Marking Third Highest Month on Record
- Chinese Investment Climbs 32.9% in the Five Months to May 2009 From a Year Earlier, Countering Record Plunge in Exports
- Brazil Lowers Key Interest Rate to Record 9.25%, More Cuts Likely for 2009
- International Energy Agency Raises Global Oil Demand Projection by 120k Barrels per Day to 83.3mm Barrels per Day, First Increase in 10 Months
- Standard & Poor’s Cuts Barbados Credit Rating to BBB from BBB+ on Concerns of Growing Debt Stock
- European Central Bank (ECB) Lends EUR 3B to Sweden’s Central Bank in Bid to Avoid Baltic Financial Crisis
- Crude Oil Stands at USD 71.33 per Barrel
- Ethanol Stands at USD 1.86 per Gallon
- Natural Gas Stands at USD 3.71 per British Thermal Unit (Btu)
- Gold Stands at USD 954.00 per Troy Ounce
- Dow Jones Industrial Average Falls 24.04 Points (-0.27%)
- London FTSE Index Rises 15.19 Points (0.34%)
- Japan Nikkei Index Falls 10.16 Points (-0.10%)
- Hong Kong Hang Seng Index Rises 5.37 Points (0.03%)
- Brazil Bovespa Index Rises 253.80 Points (0.48%)
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