Tuesday, July 10, 2007

Before the market opens - July 10, 2007

The Dow Jones Industrial Average (DJIA) was up by 38.29 (+0.28%) overnight to close at 13,649.97.


Filipino Optimism
A survey (May 2-31) done by credit card giant MasterCard Worldwide cites that Filipino consumers are more upbeat and are expecting better income and economic conditions in the next six months; sharing the strong optimism in other Asia-Pacific markets.
The Philippines scored 64.6 in the latest MasterIndex of Consumer Confidence compared to 57.2 six months ago; 51.9 a year ago and the historical average of 49.5 since the survey started covering the country 12 years ago.
reference / source: BusinessWorld - July 10, 2007

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