1.The index of leading economic indicators fell 0.3% in May. In the same month,new-home sales plunged to a 12-month low,despite the best mortgage rates in two decades.
2.In one such report, Commerce said last week that itsindex of leading economic indicators rose a strong 1.2% in July.
3.“…World Bank Managing Director Richard Frank said in a statement that the＄52 billion international rescue package assembled by the Obama administration--which includes＄17 billion from the International Monetary Fund--would meet Mexico’s short-term financial crisis, which blew up after the government devalued the peso in December.”
4.The Dow Jones Industrial Average closed this week at 2909.1, up 6.3% in the past four weeks and up 544 points, or 23%, since its October low.
5.The stock market gave the flagging recovery an apparent vote of non-confidence last week when the Dow Jones Industrial Average plunged 120 points on Friday.
6.March Cotton closed 0.46 cent lower at 85.30 cent.
7.The Deutsche Bank cut its discount rate to 3.5%, the lowest level in seven years.
8.The number of workers in the United States applying for state unemployment benefits rose to the record high level in more than a month.
9.Export surplus was 72.54 billion Euros, compared with 47.71 billion Euros in the same period a year earlier.
10.The December T-bond futures ended today at 117-13/32 in Tokyo market against its previous closing of 117-11/32.