- Federal Reserve minutes released today showed members voted 9 to 1 to increase the federal funds rate by a quarter-percent to 3.75% -- giving plenty of hints there will be more hikes to come.
- Brazil's stocks and currency rose on Tuesday as Fitch Ratings signaled it may soon upgrade the country's sovereign ratings, boosting even more the allure of high-yielding Brazilian assets.
- Machinery orders in Japan were up 8.2% in August -- stronger than expected.
- China's National Development and Reform Commission said that they expect China's economy to grow 9.2% this year and 8.5% in 2006
- Yesterday’s discovery that Brazil has a problem with foot-and-mouth disease may lead to a likely cut in beef exports.
- The European Cocoa Association announced that YoY grindings in the third quarter of 2005 were up 8.6%. For the first three quarters of 2005, Europe's cocoa grinding were up 5.6% YoY
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