Tuesday, March 06, 2007

Quick Overview

  • U.S. Factory orders were down 5.6% in January, the biggest monthly drop in over six years.

  • Dow-Jones Newswires reports that Brazil is considering increasing the ethanol content of their fuel from 23% to 25%.

  • Eurostat changed its estimate of 2006 real GDP growth in the Euro zone from 2.7% to 2.6%.

  • Britain’s retail sales were up 3.3% YoY.

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