Tuesday, April 24, 2007

Quick Overview

  • The National Association of Realtors said that U.S. existing home sales were at an annual rate of 6.12 million units in March, down 8.4% from the previous month and weaker than expected. YoY Median home prices were down 0.3% in March.

  • U.S. consumer confidence dropped from 108.2 to 104.0 in April, more than expected.

  • YoY consumer prices in Australia were up 2.4% in the first quarter, down from a 3.3% gain in the previous quarter.

  • The Bank of Canada kept its interest rate unchanged at 4.25%.

  • Canada's composite index of leading indicators was up 0.4% in March.

  • Industrial new orders in the Euro area were down 0.7% MoM, and up 4.7% YoY.

  • India's central bank kept its interest rate unchanged.

  • Canadian farmers intend to plant:
    3.5 million acres of corn this year, up 26% YoY.
    17.1 million acres of spring wheat, down 16% YoY.
    14.8 million acres of canola, up 12% YOY.



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