- U.S. Consumer sentiment rose for a third straight month from 91.5 to 93.4, according to the University of Michigan’s monthly consumer sentiment index released Friday.
- Dick Cheney said on Friday that if avian flu were to arrive in the United States, it could deal a blow to the U.S. economy because of disruptions to businesses, schools and transport.
- The Conference Board said on Friday its leading economic indicator for Mexico fell 0.3 percent in November, after showing no change the previous month. Lower oil prices brought less cash into the country.
- Retail sales in the U.K. were up 0.4% in December
- Canada's wholesale sales were down 0.2% in November. YoY sales were up 7.2%.
- Consumer spending in France was down 1% in December.
- The Associated Press reported that Iran was moving its currency reserves out of European banks to undisclosed locations.
- The USDA said there were 11.804 million head of cattle on feed, up 4.5% YoY. December placements were up 2.7% and YoY marketing’s were down 3.5%.
- U.S. Cocoa grindings were 96,673 tons in the fourth quarter, down 2.2% YoY.
- Sugar is expected to post its fourth consecutive production shortage in 2006-2007, and Dow-Jones Newswire said that Brazil's sugar crop is in need of rain.
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