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Sunday, June 7, 2009

US Stock markets soar this week despite the depression

US stock markets climb this week and Fed Chair, Bernanke warns large budget deficits threaten global economy. Treasury yields surge again
the DOW Jones is up , NASDAQ is up cruse oil future jump to record high , the barrel of oil is about 70 dollars this morning , a report from Goldman Sachs says the oil prices could hit 85 dollars a barrel by the end of the year , the bullion market is stable today due to the rise of the dollar, gold prices are now around 960 dollars an ounce . US consuming spending fell in the US for the second consecutive month , the unemployment rate rose to more than 9 percent

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