Tuesday, November 24, 2009

Quick Overview

  • U.S. GDP rose 0.7% in Q3, YoY GDP fell 2.5%.

  • The Standard and Poor Case-Shiller index of home prices rose 0.3% in September.

  • U.S. consumer confidence rose from 48.7 to 49.5

  • Industrial new orders in the EU rose 1.7% MoM, but fell 16.4% YoY

  • The International Sugar Organization is predicting world sugar production will exceed consumption by 0.75 million tons in 2010-2011. The 2009-2010 production deficit is forecast at 7.2 million tons.

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