Friday, October 24, 2008

Quick Overview

  • The National Association of Realtors said existing home sales were at an annual rate of 5.18 million units, up 5.5% in September.

  • U.K.'s GDP fell 0.5% in the third quarter.

  • YoY Canada’s consumer prices rose 3.4%.

  • OPEC wants to cut oil production by 1.5 million barrels a day

  • The port of Rotterdam announced that throughput during the first nine months of the year rose by 6.1% YoY. Most types of cargo showed a positive trend, with agribulk up 26% YoY, liquid bulk up 16%, ores and scrap up 11%, coal up 9%, crude oil up 7%, containers up 6%.

  • The IMF is aiding Iceland with about $2.1bn.

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