Monday, July 14, 2008

Quick Overview

  • China's foreign-exchange reserves rose 35.7% YoY, to a record $1.81 trillion.

  • Industrial production in the Euro area fell 1.9% in May and down 0.6% YoY

  • YoY U.K. producer prices rose 10% in June.

  • The USDA said:
    64% of the corn crop was rated good to excellent, up from 62% a week ago.
    59% of the soybean crop was rated good to excellent, the same as a week ago.
    61% of the spring wheat crop was rated good to excellent, down from 69% a week ago.
    46% of the cotton crop was rated good to excellent, up from 45% a week ago.

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