Tuesday, June 24, 2008

Quick Overview

  • The S&P/Case-Shiller index of U.S. home prices fell 1.4% in April and down 15.3% YoY.

  • The Conference Board's index of consumer confidence fell from 58.1 to 50.4 in June

  • The Richmond Federal Reserve's index of manufacturing fell from -3 to -12 in June

  • India's central bank raised interest rates to 8.5% from 8%, and raised reserve ratio requirements to 8.75% from 8.%.

  • Stats Canada estimated:
    25.1 million acres of wheat were planted, up 16% YoY.
    15.8 million acres of canola were planted, up 7% YoY.
    2.97 million acres of corn were planted, down 13% YoY.
    2.99 million acres of soybeans were planted, up 3% YoY.

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