Tuesday, March 30, 2010

Quick Overview

  • The Standard and Poors/Case-Shiller index of home prices in twenty cities fell 0.4% in January and down 0.7% YoY.

  • The Conference Board's index of consumer confidence rose from 46.4 to 52.5 in March, better than expected.

  • U.K.’s GDP rose 0.4% Q4 and fell 3.1% YoY

  • Japan's unemployment rate was unchanged in February, at 4.9%
    Japan’s industrial production fell 0.9%.
    Japan’s household spending fell 0.5% in February

  • (FT) Global miners have agreed to a record increase in iron ore prices after they signed deals to replace the 40-year-old pricing system based on annual contracts with new short-term deals linked to the spot market

  • The WSJ reported that Apple plans to make an iPhone that will work with Verizon’s CDMA (Qualcomm) network


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