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Overnight Market News – March 4, 2010

 
  • The European Central Bank is Set to Outline the Next Steps for Stimulus Withdrawal in a Meeting to be Held Later Today
  • Anheuser-Busch InBev NV, the World’s Largest Brewer Reports Earnings Rises to USD 1.28B in the Fourth Quarter of 2009, from USD 29mm a Year Ago
  • Insurer, Aviva Plc Posts 3% Increase in Operating Profit to GBP 3.48B, up from GBP 3.37B in 2008 on Cost Cuts and a Stronger Financial Market
  • Greece Begins 10-Year Bond Issue in Hopes of Raising Between EUR 3B and EUR 5B in an Effort to Meet Short-Term Funding Gaps
  • Royal Bank of Canada First Quarter Profit Rises 35% to CAD 1.5B from CAD 1.11B as Earnings from its Investment Bank Nearly Doubled
  • China Plans to Boost its Defense Spending by 7.5% to USD 78B in 2010, the Smallest Increase in a Decade
  • Crude Oil Stands at USD 80.57 per Barrel
  • Ethanol Stands at USD 1.76 per Gallon
  • Natural Gas Stands at USD 4.75 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,139.20 per Troy Ounce
  • Dow Jones Industrial Average Falls 9.22 Points (-0.09%)
  • London FTSE Index Falls 3.56 Points (-0.06%)
  • Japan Nikkei Index Falls 107.42 Points (-1.05%)
  • Hong Kong Hang Seng Index Falls 301.01 Points (-1.44%)
  • Brazil Bovespa Index Falls 137.81 Points (-0.20%)
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