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Overnight Market News – March 17, 2010

 
  • Bank of England Policy Makers Unanimously Vote to Keep their GBP 200B Bond Repurchase Programme on Hold in March
  • Japan Central Bank Doubles the Amount of Short-Term Loans it Offers Banks to JPY 20T or USD 220B
  • The World Bank Raises its 2010 Economic Growth Forecast for China to 9.5% from 9% Citing Strong Growth in Consumption by Businesses and Households
  • UK Jobless Claims Decline at Fastest Pace in February Since 1997 After Unexpectedly Falling by 32,300 to 1.59mm from the Prior Month
  • UniCredit SpA , Italy’s Biggest Bank Reports Fourth Quarter Earnings Falls 27% to EUR 317mm on Increased Provision for Credit Losses
  • Porsche SE Forecasts a Second Consecutive Full-Year Loss Due to Costs Associated With the Acquisition of Volkswagen AG
  • Crude Oil Stands at USD 82.44 per Barrel
  • Ethanol Stands at USD 1.59 per Gallon
  • Natural Gas Stands at USD 4.34 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,131.90 per Troy Ounce
  • Dow Jones Industrial Average Rises 43.83 Points (0.41%)
  • London FTSE Index Rises 34.14 Points (0.61%)
  • Japan Nikkei Index Rises 125.27 Points (1.17%)
  • Hong Kong Hang Seng Index Rises 361.56 Points (1.72%)
  • Brazil Bovespa Index Rises 918.46 Points (1.33%)
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