Tuesday, October 25, 2005

Quick Overview

  • UPS Inc. plans to stop shipping cigarettes to U.S. consumers on Nov. 21 after state attorneys general said the delivery may aid illegal sales, news services reported Tuesday.

  • The Conference Board said the consumer confidence index dropped from 87.5 to 85.0 in October, more than expected.


  • U.S. existing home sales were at an annual rate of 7.28 million units in September, unchanged from August's pace.

  • YoY Consumer prices in Canada were up 3.4% in September, up from a 2.6% gain in August and the largest increase in over two years. Excluding energy, consumer prices were up 1.6% YoY.

  • Business confidence in Germany increased from 96.0 to 98.7 in October, the highest in five years.

  • YoY South Korea's GDP was up 4.4% in the third quarter, stronger than expected.

  • The Bank of India increased its key interest rate from 5.00% to 5.25%, they expect the economy to grow 7.5% in the current fiscal year.

  • YoY Mexico's economy grew by 4.5 percent in August.

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