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Overnight Market News – June 18, 2009

 
  • World Bank Upgrades China’s 2009 Growth Forecast to 7.2%, Says Stimulus Sufficient
  • AIG Chooses Deutsche Bank, Morgan Stanley as Joint Coordinators for USD 4B IPO of Asian Life Insurance Unit
  • British Chamber of Commerce Sees 3.8% Contraction in UK Economy This Year, Separate Report Shows Retail Sales Fell 0.6% in May Over April
  • Swiss National Bank Leaves Key Interest Rate Unchanged at 0.25%, Will Continue “Firm Action” to Prevent Appreciation of Franc
  • China Eastern Airlines to Purchase 20 Airbus A320s For USD 1.45B, Still in Talks to Merge with Rival Shanghai Airlines
  • Recreation-Vehicle Maker Winnebago Industries Inc Reports USD 8.6mm Third Quarter Loss on Weak Sales
  • Crude Oil Stands at USD 71.03 per Barrel
  • Ethanol Stands at USD 1.81 per Gallon
  • Natural Gas Stands at USD 4.25 per British Thermal Unit (Btu)
  • Gold Stands at USD 935.40 per Troy Ounce
  • Dow Jones Industrial Average Falls 7.49 Points (-0.09%)
  • London FTSE Index Falls 2.10 Points (-0.05%)
  • Japan Nikkei Index Falls 137.13 Points (-1.39%)
  • Hong Kong Hang Seng Index Falls 307.94 Points (-1.70%)
  • Brazil Bovespa Index Falls 159.94 Points (-0.31%)
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