Wednesday, January 21, 2009

Quick Overview

  • U.K. unemployment rate rose to 6.1% from 6.0%

  • Canada’s wholesale sales fell 1.6% in November.

  • Brazil cut interest rate a full point to 12.75%

  • YoY China's gross domestic product grew 6.8% in Q4 -- slowest in seven years.

  • YoY Japan’s exports fell 35% -- sharpest decline since 1980

  • The forecast for Argentina remains hot and dry next five days

  • The National Weather Service issued a hard freeze warning for central Florida on Thursday morning.

  • Indian gold imports for 2008 fell by 47%.

  • The level of idle containerships has risen to 255 -- 5.5% of the global fleet, a historic high.

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