Tuesday, August 25, 2009

Quick Overview

  • U.S. consumer confidence rose from 47.4 to 54.1 in August, better than expected.

  • U.S. June S&P/CaseShiller Composite-20 Home Price Index rose 1.4% MoM

  • (Bloomberg) -- India may have to ban corn exports for a second season to boost local supplies as the crop wilts under the driest monsoon in seven years, a lobby group for U.S. producers said.

  • The worldwide cocoa deficit will widen to 73,000 metric tons in the year ending Sept. 30, compared with 62,000 tons a year earlier, the International Cocoa Organization said.

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