- U.S. Jobless claims were up 11,000 last week to 315,000.
- China raised its key interest rate from 5.58% to 5.85%.
- Ben Bernanke signaled that after one more interest rate increase the central bank may take a break, perhaps only temporarily, from a rate-raising campaign aimed at keeping inflation at bay.
- The U.S. Department of Energy said that underground supplies of natural gas were up 80 billion cubic feet last week to 1.851 trillion cubic feet.
- A registration statement for the Silver ETF from Barclays Global Investors was declared effective by the Securities and Exchange Commission. The trust is expected to trade under the symbol "SLV”, and should start trading Friday.
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