- The International Monetary Fund is set to raise its forecast for global economic growth this year to 4.8 percent, Germany's Handelsblatt said.
- U.S. Jobless claims were up 8,000 last week to 303,000, more than expected.
- U.S. Exports rose from $111.6 to $114.4 billion while imports rose from $176.6 to $182.9 billion.
- The Bank of Japan voted to end five years of loose monetary policy and eventually move to raise its interest rate from zero.
- The unemployment rate in Australia improved from 5.3% to 5.2%.
- Mexican consumer prices rose 0.15 percent in February, less than expected.
- The U.S. DoE said that underground supplies of natural gas were down 85 billion cubic feet to 1.887 trillion cubic feet. YoY supplies are up 26%.
- The Renewable Fuels Association reported the U.S. produced 3.904 billion gallons of ethanol in 2005, an average of 255,000 barrels a day. However demand is running at an even faster pace. December production was short of demand by 310,000 barrels a day. The 95 ethanol plants currently in operation have a 4.3 billion gallons-per-year capacity. There are 34 plants under construction that will add another 2.1 billion gallons a year incapacity
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