Sunday, June 05, 2011

Quick Overview

  • US unemployment rose from 9% to 9.1%, analysts had expected a fall to 8.9%.

  • Chinese ratings agency Dagong Global Credit Rating put France's AA- credit rating on negative watch.

  • S&P/Case-Shiller US Home Price Index for Q1, showing that the U.S. home prices declined 4.2% in the period to a new low since mid-2002.

  • India Plans $12 Billion Highway Expansion.

  • Radiation readings inside the Fukushima No. 1 reactor building rose to the highest level yet, almost three months after the disaster started.

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