Monday, July 12, 2010

Quick Overview

  • Greece cuts deficit by 46% YoY -- beating target
  • YoY India’s industrial output rose 11.5% in May
  • FO Licht raised World 2010-11 corn output to 804.20M Tons
  • FO Licht lowered World 2010-11 wheat output to 656.37M Tons
  • (Dow Jones)--Uranium prices could soon be driven higher by the largest Asian atomic expansion in three decades, with China seen buying unprecedented amounts of uranium this year.
  • China's June exports exceeded imports by $20.02 billion, up from May’s $19.5 billion trade surplus and April's $1.68 billion surplus.
  • U.K services output ffell 0.3 pct in April
  • U.K.'s economy grew 0.3% in Q1
  • Brazil recorded a trade surplus of US$7.9 billion in the first half of the year, down from US$13.9 billion YoY -- exports rose by 26.5% to $89.2 billion.
  • China has replaced the United States as Brazil's top trading partner after Chinese imports rose 57.7% in the first half of the year.
  • Malaysia's palm oil stocks fell to a 10-month low, a sign that heat stress to trees may have been more severe than projected.
  • (Reuters) - Revived monsoon rains in India accelerated the planting of rice, oilseeds and cotton last week.

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