Tuesday, June 22, 2010

Quick Overview

  • The Richmond Federal Reserve's regional index of manufacturing fell from +26 to +23 in June

  • YoY Canada’s consumer price index rose 1.4% in May

  • China net coal imports expected to reach 170 million tonnes in 2010.

  • Maersk Line is deploying laid-up ships as well as ordering new boxes and leasing old ones, according to the UK's Handing Shipping Guide. Prices for new maritime containers are close to the highest point in 20 years, driven by a rush of new orders from ocean carriers and container leasing companies in response to a growing shortage of boxes.

  • (CNN) Nearly 200 people have died and more than 120 are missing from heavy rains and floods ravaging 10 southern China provinces..

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