Monday, August 31, 2009

Quick Overview

  • Chicago Purchasing Managers' index rose from 43.4 to 50.0 in August

  • (WSJ) Fed and Treasury officials are scrambling to prevent the commercial-real-estate sector from delivering a roundhouse punch to the U.S. economy as it struggles to recover.

  • Japan's industrial production rose 1.9% in July

  • Canada’s GDP rose 0.1% in June

  • Consumer prices in the Euro area fell 0.2% in August

  • China will see its deficit of sugar reach 700,000 metric tons this year, the Shanghai Securities News reported. Sugar consumption in the country will reach 14 million tons this year, while supplies will be 13.2 million to 13.3 million tons, the newspaper said.

  • Disney is buying Marvel Entertainment in a deal valued at $4 billion

  • (Skilling) It's official!Meteorological Summer 2009 (June-August) finishes the cloudiest in 115 yrs of records: Just 53% its possible sun; normal is 67

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