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Overnight Market News – November 6, 2009

 
  • Today’s US Labour Department Report Likely to Show Unemployment Rose to Annual Rate of 9.9% on 175,000 Job Losses in October
  • British Airways PLC Records Worst First Half Performance in History with Pre-Tax Loss of GBP 292mm versus Pre-Tax Profit of GBP 52mm a Year Ago
  • Royal Bank of Scotland Group PLC Swings to Third Quarter Net Loss of GBP 1.8B from Net Profit of GBP 871mm on Provision for Bad Loans and Credit Market Writedowns
  • Fannie Mae Seeks Additional USD 15B in Bailout Funds from US Treasury Department After Announcing Losses of USD 18.9B in Third Quarter, Bringing its Total Borrowings of Tax Payer Money to USD 60B
  • Reserve Bank of Australia Says Economy Growing at Faster-Than-Expected Pace, Raises 2009 and 2101 Growth Forecast to 1.75% and 3.25% from 0.5% and 2.25% Respectively
  • CBS Corp Returns to Profit in Third Quarter as Television Revenue Grew on Syndication Sales, Net Income Rose to USD 207.6mm, Up from Loss of USD 12.46B
  • Crude Oil Stands at USD 79.85 per Barrel
  • Ethanol Stands at USD 1.98 per Gallon
  • Natural Gas Stands at USD 4.72 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,093.60 per Troy Ounce
  • Dow Jones Industrial Average Rises 203.82 Points (2.08%)
  • London FTSE Index Rises 9.28 Points (0.18%)
  • Japan Nikkei Index Rises 71.91 Points (0.74%)
  • Hong Kong Hang Seng Index Rises 350.64 Points (1.63%)
  • Brazil Bovespa Index Rises 903.15 Points (1.41%)
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