Tuesday, January 05, 2010

Quick Overview

  • U.S. factory orders rose 1.1% in November, better than expected.

  • The National Association of Realtors said pending home sales fell 16% in November, but up 15.5% YoY

  • Temperatures in central Florida dipped below 30 degrees this morning and forecasters expect one more cold morning on Saturday -- OJ closed limit up

  • YoY Consumer prices in the Euro area rose 0.9% in December

  • New home sales in Australia rose 0.3% in November.

  • Indonesia's plan to buy 500,000 metric tons of sugar for delivery between Jan. 1 and April 15 failed Tuesday because there were too few offers, traders said. There are also expectations for strong demand from Russia, a leading importer of raws, and the United States.

  • Mexico’s corn imports will jump 28% in 2009-10 because of a drought which "created huge problems" for farmers, US officials say.


    The coal price at Qinghuangdao Port rose for four consecutive months, and set a new record high over the past year, meanwhile, coal inventory fell 29.4% from early December, approaching the alarm point of 5 mln tons again. (Beijing faced the coldest weather in half a century)

  • Britain shivers during what could be its coldest winter in a century.

  • Integrating Skype in High-definition TVs from LG and Panasonic will enable users to conduct free live video chats from their couches.

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