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Overnight Market News – August 11, 2009

 
  • Russia’s GDP Shrinks by Annualized 10.9% in Q02 2009, Steepest Contraction on Record
  • UK Life Insurer, Friends Provident Plc Agrees to USD 3.1B Takeover by Resolution Ltd
  • Bank of Japan Holds Key Interest Rate Steady at 0.1%, But Deflation Still a Concern as Weak Demand Persists
  • India’s Tata Motors Secures Private Financing for Jaguar Land Rover Unit, Ends Bid for Government Support
  • Crude Oil Stands at USD 70.60 per Barrel
  • Ethanol Stands at USD 1.64 per Gallon
  • Natural Gas Stands at USD 3.64 per British Thermal Unit (Btu)
  • Gold Stands at USD 945.00 per Troy Ounce
  • Dow Jones Industrial Averages Falls 32.12 Points (-0.34%)
  • London FTSE Index Rises 1.39 Points (0.03%)
  • Japan Nikkei Index Rises 61.20 Points (0.58%)
  • Hong Kong Hang Seng Index Rises 144.69 Points (0.69%)
  • Brazil Bovespa Index Rises 500.50 Points (0.89%)
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