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Overnight Market News – July 9, 2009

 
  • Bank of England Holds Benchmark Interest Rate at 0.5% for Fourth Consecutive Month
  • American International Group Inc (AIG) Revives Talks with Rival MetLife Inc Over Sale of American Life Insurance Co (Alico)
  • China’s Passenger Car Vehicle Sales Jump 48% to 873k Units in June from May on More Government Stimulus Spending, Biggest Increase Since February 2006
  • Costco Wholesale Corp Reports 6% Decline in Same-Store Sales Open at Least a Year in June from May, in Line with Market Expectations
  • Australia’s Unemployment Rate Hits Six Year HI of 5.8% in June Up from 5.7% in May, Beating Analysts’ Forecast of 5.9%
  • Crude Oil Stands at USD 61.26 per Barrel
  • Ethanol Stands at USD 1.58 per Gallon
  • Natural Gas Stands at USD 3.43 per British Thermal Unit (Btu)
  • Gold Stands at USD 915.20 per Troy Ounce
  • Dow Jones Industrial Average Rises 14.81 Points (0.18%)
  • London FTSE Index Rises 29.63 Points (0.72%)
  • Japan Nikkei Index Falls 129.69 Points (-1.38%)
  • Hong Kong Hang Seng Index Rises 69.52 Points (0.39%)
  • Brazil Bovespa Index Falls 279.15 Points (-0.56%)
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