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Overnight Market News – June 17, 2009

 
  • Obama to Detail Financial Regulations Reform Plan, Creation of New Watch Dog Agency Expected
  • UK Jobless Rate Rise to 7.2% the Highest Since July 1997, Still less than Economist Forecasts
  • Japan’s Government and Central Bank Raises Evaluation of the Economy for Second Month After Exports Improve and Industrial Production Advance at the Fastest Pace in 56 Years
  • South African Economy Falls into Recession as Retail Sales Drop 6.7%, the Biggest Decline in Almost Years
  • Venezuelan Legislators Approve a Law to Increase the Governmentfs Stake in the Petrochemicals Industry as President Chavez Extends Industry Nationalization
  • Saab Automobile’s Court Ruling Allows Carmaker to Cut Billions of Crowns of Debt, Clearing the Path for Takeover by Koenigsegg
  • Crude Oil Stands at USD 70.06 per Barrel
  • Ethanol Stands at USD 1.83 per Gallon
  • Natural Gas Stands at USD 4.11 per British Thermal Unit (Btu)
  • Gold Stands at USD 932.50 per Troy Ounce
  • Dow Jones Industrial Average Falls 107.46 Points (-1.25%)
  • London FTSE Index Falls 49.52 Points (1.14%)
  • Japan Nikkei Index Rises 87.97 Points (0.9%)
  • Hong Kong Hang Seng Index Falls 80.90 Points (-0.45%)
  • Brazil Bovespa Index Falls 828.04 Points (-1.59%)
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