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TAKE-A-LOOK: Oil prices fall pressuring world stocks

Wed Jun 17, 2009 11:00pm IST
 
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 Commodity prices slipped on Wednesday as confidence in a swift recovery
ebbed, helping pull down stock markets in Europe, while crude oil fell toward
$70 a barrel on a surprise increase in U.S. gasoline supplies.
 A tame reading of U.S. consumer prices helped lift the price of
inflation-sensitive government debt on both sides of the Atlantic, and helped
spur weakness in the U.S. dollar.
 Amid doubts about economic recovery, benchmark dollar bank lending rates
set record lows on Wednesday in an environment of easier credit conditions with
few disruptions seen in the interbank market before the end of June.
To read more, double-click on the square brackets below:
  ----------------------------------------------------------------
  MARKET REPORTS:
> GLOBAL MARKETS-Oil prices fall pressuring world stocks       [ID:nN17486053]
> MONEY MARKETS-Dollar borrowing costs at record lows          [ID:nLH715155]
> EMERGING MARKETS-Stocks at 3-week lows                       [ID:nLH603070]
  MAIN ECONOMIC AND FINANCIAL NEWS MOVING GLOBAL MARKETS
> Obama lays out financial regulation overhaul plan            [ID:nN17330766]
> US inflation edges up, current account gap narrows           [ID:nN17329915]
> Big US banks repay government bailout funds                  [ID:nN17333227]
> Russia, China flex muscles on currencies, politics at summit [ID:nLH617820]
> UK jobless claim count up less than expected in May          [ID:nLH826126]
> Eurozone April trade surplus up, shipments sink              [ID:nLH822197]
> Japan says economy has botttomed out as output, exports up   [ID:nT36828]
  ANALYSIS RELATED TO THE GLOBAL ECONOMIC CRISIS
> Proposed EU rules could impede US hedge funds                [ID:nN17328124]
> Fed seen extending, not increasing Treasury purchases        [ID:nN16283024]
> Systemic banking risk within Congress's purview              [ID:nN16293975]
> China wants US to assume global duty of care for dollar      [ID:nPEK6104]
> US inflation reality check ahead ?                           [ID:nN1285391]
> Market survives US debt supply barrage, more ahead           [ID:nN12263190]
> Junk bonds defy rising interest rates to extend rally        [ID:nN10454380]
> Commodity markets rally may not augur economic recovery      [ID:nLB30677]
> Art of the possible tempers Obama financial reforms          [ID:nN10646795]
> US banks face tought time, in or out of TARP                 [ID:nN09388941]
> Risk assets hitting speed bumps after rally                  [ID:nL8698035]
> Commodity price rises create bubble concerns                 [ID:nN08326945]
  FACTBOXES
> Obama plan for tightening US financial regulation            [ID:nN17343420]
> Major US financial regulation initiatives                    [ID:nN15211009]
> Key players in reshaping US financial regulation             [ID:nN1570842]
> Major US financial regulators face shake up                  [ID:nN15198192]
> Signs of US money markets returning to normal                [ID:nN15592502]
> US, European bank writedowns and credit losses               [ID:nLT971364]
> US banks that are repaying TARP bailout money                [ID:nN09372318]
> US banks raise $65 bln after stress tests                    [ID:nSP432506]
> Where has all the US bailout money gone ?                    [ID:nN0289041]
> The Federal Reserve's evolving liquidity toolkit             [ID:nN19437787]
> US regulators propose regulating OTC derivatives             [ID:nN13627181]
> Facts and figures from Obama's budget                        [ID:nN06299995]
> US Treasury details toxic asset plan                         [ID:nLN437165]
> Full text ECB statement on rates, asset buying               [ID:nECBTEXT]
> World government actions to limit bank bad loan damage       [ID:nLL193589]

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