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Overnight Market News – June 24, 2009

 
  • Venezuela’s Government to Continue Reviewing Possibility of Permitting State Oil Company Petroleos de Venezuela SA (PDVSA) to Issue Bonds This Year
  • Organization for Economic Cooperation and Development (OECD) Expects Combined Economies of Member States to Contract 4.1% in 2009, Up from March’s 4.3% Forecast
  • Citigroup Inc To Raise Employees’ Base Salaries by as Much as 50% to Compensate for Reduction in Annual Bonuses
  • The US and European Union (EU) Accuse China of Unfairly Limiting its Raw Material Exports in Complaint to World Trade Organization (WTO), China to Contest Case
  • JPMorgan Tops The Banker’s Annual List of the 1,000 Strongest Banks, Royal Bank of Scotland (RBS) Suffered Biggest Loss
  • Crude Oil Stands at USD 68.95 per Barrel
  • Ethanol Stands at USD 1.78 per Gallon
  • Natural Gas Stands at USD 3.91 per British Thermal Unit (Btu)
  • Gold Stands at USD 929.80 per Troy Ounce
  • Dow Jones Industrial Average Falls 16.10 Points (0.19%)
  • London FTSE Index Rises 7.32 Points (0.17%)
  • Japan Nikkei Index Rises 40.71 Points (0.43%)
  • Hong Kong Hang Seng Index Rises 353.78 Points (2.02%)
  • Brazil Bovespa Index Rises 318.78 Points (0.64%)
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