Overnight Market News – June 16, 2009
- Russia Raises Global Reserve Currency Issue, China Extends USD 10B Credit Support to Central Asain States at First BRIC Summit
- General Motors Corp Reaches Deal to Sell Saab Brand to Koenigsegg, Includes USD 600mm Funding from the European Investment Bank
- German Investor Confidence Jumps to 3-Year HI of 44.8 in June on Signs that the Country’s Worst Slump is Easing
- Reserve Bank of Australia Sees “No Pressing Need” to Cut Interest Rates in June, Expects Gradual Economic Expansion Later This Year
- Bank of Japan Upgrades Economic Outlook Saying Conditions are no Longer Deteriorating, Holds Interest Rates at 0.1%
- Crude Oil Stands at USD 70.62 per Barrel
- Ethanol Stands at USD 1.83 per Gallon
- Natural Gas Stands at USD 4.18 per British Thermal Unit (Btu)
- Gold Stands at USD 926.90 per Troy Ounce
- Dow Jones Industrial Average Falls 187.13 Points (-2.13%)
- London FTSE Index Rises 15.27 Points (0.35%)
- Japan Nikkei Index Falls 286.79 Points (-2.86%)
- Hong Kong Hang Seng Index Falls 333.46 Points (-1.80%)
- Brazil Bovespa Index Falls 1,524.41 Points (-2.85%)
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