Tuesday, September 19, 2006

Quick Overview

  • The net worth of U.S. households increased 0.1% in the second quarter to $53.3 trillion, the slowest gain in nearly four years, the Federal Reserve said Tuesday.


  • U.S. Housing starts fell 6% more than expected to the lowest rate in more than three years.

  • U.S. Producer prices rose 0.1% in August up 3.7% YoY.

  • China's central bank governor, admitting the challenge posed by China's trade surplus, on Tuesday described currency reforms so far as important and said their impact would be felt over time.

  • Canada's consumer prices increased 2.1% YoY

  • Australia's Bureau of Agricultural said the country will harvest 16.4 million tons of wheat, down 35% YoY.

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