Quick Overview

• The U.S. Commerce Department reported January personal spending rose 0.4%, while personal income rose by 0.3%.
  
  

• Chicago Purchasing Managers s index of regional business conditions fell to 44.5 from 51.5.
  
  

• The U.S. core rate of personal consumption expenditures rose 2.2% YoY.
  
  

• GDP in India rose 8.4%.
  
  

• The unemployment rate in the Euro Area unchanged at 7.1%.
  
  

• Consumer prices in the Euro Area rose 3.2% YoY.
  
  

• The International Grains Council forecast 2008-09 global corn plantings down 3% on the year.
  
  

• Chinese January silver imports rose 105%.