With public opinion polls indicating a 77 percent rate of approval, President Abbas first proposed a referendum among Palestinians on the prisoners' proposal, and then both Hamas and Fatah accepted its provisions.
November Fed funds futures trading on the Chicago Board of Trade rose 0.13, to 95.0, indicating traders expect the fed funds rate to be cut to 5.00% from 5.25% in the next few months .
Yet again on Friday, the difference between the overnight lending rate and the 3-month interbank lending rate remained above 200 points, indicating this stress in the credit markets.