Wednesday, October 28, 2009

Quick Overview

  • U.S. durable goods orders rose 1.0% MoM, but fell 24.1% YoY.

  • YoY Japan's retail sales fell 1.4% in September

  • Norway raised its interest rate 0.25%.

  • The U.S. will need to import as much as 1.2 million tons more sugar than the U.S. Department of Agriculture now plans on allowing into the country in fiscal year 2010, according to the Sweetener Users Association

  • India is expected to import up to 3.5 million metric tons of rice in coming months, Dwight Roberts, president and chief executive of the U.S. Rice Producers Association sais

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