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The Commonwealth1 Bank says,recent big cuts in the official interest rate,are helping2 boost consumer spending.The bank's business sale indicator3 has risen by nearly 2% in May but the CBA says uncertainty4 over the global economy has put a dent5 in confidence and it mades difficult to predict if that momentum6 will continue.
European economists7 fear Spain is close to a sovereign bailout.Spain has raised a 3 billion EUROs overnight,but has to pay investors8 more than 5% of that over a year,that's the highest level in five years.EU officials are also due to finish their order to Spanish banks later this week.They have sought up to 100 billion EUORs in long term loans.
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t has been a good night for the markets.In fact the DOW has finished 96 points higher.The NASDAQ up 34,the S&P 500 putting 13 points on and across in London,the FTSE gaining 95.
To the commodities markets,West Texas Crude is trading at 83 US dollars and 97 cents a barrel.Tapis Crude at 100 US dollars 39 cents a barrel.And golds 1620 US dollars an ounce.
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1 commonwealth | |
n.共和国,联邦,共同体 | |
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2 helping | |
n.食物的一份&adj.帮助人的,辅助的 | |
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3 indicator | |
n.指标;指示物,指示者;指示器 | |
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4 uncertainty | |
n.易变,靠不住,不确知,不确定的事物 | |
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5 dent | |
n.凹痕,凹坑;初步进展 | |
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6 momentum | |
n.动力,冲力,势头;动量 | |
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7 economists | |
n.经济学家,经济专家( economist的名词复数 ) | |
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8 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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9 sterling | |
adj.英币的(纯粹的,货真价实的);n.英国货币(英镑) | |
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