Friday, December 07, 2007

Quick Overview

  • US Nov. ICSC Chain Store Sales grew 3.5% YoY vs. 2.4% expected and 1.6% in Oct.

  • Japan final Q3 GDP growth number adjusted down to 1.5% annualized vs. 2.6% expected

  • Australia Nov. construction index fell to 53.2 from 57.4 MoM.

  • Canada’s unemployment rate rose from 5.8% to 5.9%

  • The International Sugar Organization said that India's sugar production will fall 20% in 2008-2009.

  • (Bloomberg) -- …Less than 0.5 inch (1.3 centimeters) of rain will fall the next five days in Argentina before temperatures rise to as much as 10 degrees Fahrenheit above normal, increasing crop stress, said Drew Lerner, president of World Weather Inc. in Overland Park, Kansas. Dry weather will prevail into January when crops are reproducing and may spread into southern Brazil, he said.

  • The CIA disclosed that it had made and destroyed videotapes of terrorism interrogations.

  • The port of Guangzhou's cumulative throughput rose 41 % YoY to 8.4 million TEU.

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