Wednesday, December 01, 2010

Quick Overview

  • Fed Beige Book: US economic growth continues to improve


  • U.S Private-sector employment rose 93,000 in November, the largest gain in three years

  • Casino revenue rose 42% YoY in November, according to Macau’s Gaming Inspection and Coordination Bureau.

  • (FT)ECB president’s comments that the bank could step up purchases of Eurozone bonds help stabilize European sovereign debt markets and propel global equity markets.

  • ISM manufacturing index slips to 56.6% in November

  • U.S. Q3 nonfarm productivity revised to 2.3% from prior estimate of 1.9%.

  • China's Purchasing Managers Index at 55.2 beat forecast of 54.7.

  • South Korea’s imports of iron ore in October were an all-time record at 5.32 Mt – up 34% YoY.

  • India’s coal deficit will deepen sharply next year, its coal minister said, forcing Asia’s third largest economy to import more of the fuel on which it relies.

  • EU Purchasing Managers index rose to 55.3 from 54.6 in October.

  • The unemployment rate in the euro zone hit a record high of 10.1 percent in October.

  • S.Korea’s CPI grew by 3.3 % YoY.

  • YoY Canada’s GDP grew 1.0 %in Q3

  • (Bloomberg) -- China’s gold imports jumped almost fivefold in the first 10 months

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