Monday, November 20, 2006

Quick Overview

  • In Sydney Australia over the weekend, central bankers from the G-20 summit said central banks "will need" to raise rates to contain inflation.

  • The Conference Board said Monday its index of leading economic indicators rose 0.2% in October, with six of the ten indicators showing a positive gain, after a revised gain of 0.4% a month earlier.

  • State and local governments are experimenting with new ways of generating funds for highway work as gasoline taxes fail to produce enough revenue for such projects, the USA Today reported.

  • German producer prices rose 0.3% in October and up 4.6% YoY

  • Canada's wholesale sales totaled C$41.8 billion in September, down 1.6% from August.

  • The USDA estimated Brazil's current coffee crop at 46.5 million bags, up 29% YoY.

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