Economy News
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Sony, Panasonic Withstand Strong Yen With Forecasts
Sony Corp. and Panasonic Corp., the world’s largest consumer-electronics makers, signaled Japanese technology companies are withstanding slowing European demand and the stronger yen after raising their earnings forecasts .
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U.K. Consumer Confidence Falls to Lowest in Almost a Year on Budget Cuts
U.K. consumer confidence fell more than economists forecast this month as the prospect of government spending cuts undermined Britons’ optimism on the economic recovery, GfK NOP said.
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Thailand's Industrial Production Growth Accelerates Amid Record Shipments
Thailand’s industrial production growth accelerated in June as exports surged to a record level, adding to signs of Asia’s resilience to the threat of weaker demand from Europe.
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Russia Leaves Benchmark Interest Rates Unchanged as Economy Gathers Pace
Russia’s central bank left its main interest rates unchanged for a second month as an economic recovery in the world’s biggest energy exporter gathers speed and after inflation slowed.
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EQUITY INDEXES
| Dow | 10467.20 | -30.72 | -0.29% |
| S&P 500 | 1101.53 | -4.60 | -0.42% |
| Nasdaq | 2251.69 | -12.87 | -0.57% |
COMMODITIES
| BRENT CRUDE | 76.85 | -0.74 | -0.95% |
| NATURAL GAS | 4.84 | 0.02 | 0.35% |
BONDS
| U.S. 3-month | 0.14 | 0.15 |
| U.S. 2-year | 100.14 | 0.55 |
| U.S. 10-year | 104.58 | 2.96 |
KEY RATES
| Rate | Current | 3mo ago | 1y ago |
|---|---|---|---|
| Fed Funds | 0.20 | 0.20 | 0.25 |
| Prime | 3.25 | 3.25 | 3.25 |
| Total SA | 9.50 | 9.70 | 9.50 |
| Bankrate 30Y Mortgage Rates Na | 4.59 | 5.14 | 5.39 |
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