Monday, May 04, 2009

Quick Overview

  • Over the weekend the ASEAN group of nations and Japan agreed to set up $120 billion of reserve to fund to provide emergency loans to the companies in the region.

  • The National Association of Realtors said U.S. pending home sales rose 3.2%

  • U.S. construction spending rose 0.3% MoM and fell 11.1YoY

  • China's manufacturing index rose from 44.8 to 50.1

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