News Update - 23 June 2009

The FTSE is currently indicating a weak open, as investors are worried that the sell off that started yesterday is set to continue. With Nikkei and the Australian ASX200 closing down more then 3% there are concerns that the bad news is not over. The FTSE is likely to open in the red.

Crude oil is trading around the 66 dollars per barrel level after the World Bank predicted that the global recession will be deeper than forecast, raising concern fuel demand will shrink. Oil dropped more than $2 a barrel yesterday after the bank projected the world economy will contract 2.9 percent this year, more than an earlier projection of 1.7 percent.

Dikutip dari BetOnMarkets for Saham Indonesia.

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