Northern Trust Daily Global Commentary http://www.northerntrust.com/pws/jsp/display2.jsp?XML=pages/nt/0601/1138283678319_6.xml&TYPE=interior The daily commentary is a review of current activity in global financial markets, with an emphasis on the U.S. fixed income market. Breaking news and market reactions form the core of this commentary. en-us The Northern Trust 204 46 http://www.northerntrust.com http://www.northerntrust.com/images/rs0601/NTLogo_front_page.gif Daily Global Commentary for July 29, 2010 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1007/1280436126814_258.xml The worst of the financial crisis is history, but the U.S. economy is still struggling to establish self-sustained economic ...2010-07-291daily2007-01-01+18:00-06:00 Daily Global Commentary for July 28, 2010 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1007/1280348947057_51.xml Orders of durable goods fell 1.0% in June following a revised 0.8% decline in May. These numbers are partly distorted by ...2010-07-281daily2007-01-01+18:00-06:00 Daily Global Commentary for July 27, 2010 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1007/1280261245954_233.xml The Conference Board's Consumer Confidence Index fell to 50.4 during July from 54.3 in June.&#160; The drop reflects ...2010-07-271daily2007-01-01+18:00-06:00 Daily Global Commentary for July 26, 2010 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1007/1280174041795_4.xml Sales of new single-family homes shot up nearly 24% in June to an annual rate of 330,000.&#160; The headline is impressive ...2010-07-261daily2007-01-01+18:00-06:00 Daily Global Commentary for July 23, 2010 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1007/1279922777741_926.xml In the last three days, we have had the honor to hear Mr. Bernanke at the semi-annual testimony in Congress and read Mr. ...2010-07-231daily2007-01-01+18:00-06:00 Daily Global Commentary for July 22, 2010 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1007/1279824072581_815.xml Sales of all existing homes fell 5.1% to an annual rate of 5.37 million units in June, while that of existing single-family ...2010-07-221daily2007-01-01+18:00-06:00 Daily Global Commentary for July 21, 2010 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1007/1279747196793_579.xml Chairman Bernanke's prepared testimony largely echoed the message of the minutes of June 22-23 FOMC meeting.&#160; He ...2010-07-211daily2007-01-01+18:00-06:00 Daily Global Commentary for July 19, 2010 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1007/1279562150946_908.xml Chairman Bernanke is scheduled for the semi-annual testimony about the economy at the Senate Banking Committee on Wednesday ...2010-07-191daily2007-01-01+18:00-06:00 Daily Global Commentary for July 16, 2010 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1007/1279309806409_765.xml The Consumer Price Index (CPI) dropped 0.1% in June, marking the third consecutive monthly decline.&#160; The latest string ...2010-07-161daily2007-01-01+18:00-06:00 Daily Global Commentary for July 15, 2010 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1007/1279227357538_0.xml Industrial production increased only 0.1% in June vs. a 1.3% jump in the prior month.&#160; Although mining and utilities ...2010-07-151daily2007-01-01+18:00-06:00 Daily Global Commentary for July 14, 2010 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1007/1279140476731_262.xml <img style="TEXT-ALIGN: center; DISPLAY: block; MARGIN-LEFT: auto; CURSOR: pointer; MARGIN-RIGHT: auto" onclick=" ...2010-07-141daily2007-01-01+18:00-06:00 Daily Global Commentary for July 13, 2010 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1007/1279054112693_912.xml The trade deficit of the U.S. economy widened to $42.3 billion in May from $40.3 billion in April.&#160; Exports and ...2010-07-131daily2007-01-01+18:00-06:00 Daily Global Commentary for July 12, 2010 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1007/1278964755417_407.xml Advanced economies have announced austerity packages of varying sizes in recent weeks.&#160; The main objective has been to ...2010-07-121daily2007-01-01+18:00-06:00 Daily Global Commentary for July 9, 2010 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1007/1278708772089_962.xml Real GDP of the U.S. economy has recorded three consecutive quarters of gains averaging 3.5%, largely due to the 5.6% jump ...2010-07-091daily2007-01-01+18:00-06:00 Daily Global Commentary for July 8, 2010 http://www.northerntrust.com/pws/jsp/display2.jsp?XML=primary/resource/1001/1262977409128_366.xml&TYPE=interior&er=dgcDetail&c=primary/resource/1007/1278619938089_579.xml Initial jobless claims fell 21,000 to 454,000 during the week ended July 3.&#160; Continuing claims, which lag initial ...2010-07-081daily2007-01-01+18:00-06:00