Quick Overview

• The US Grains Council expects China to import 3 to 9 million metric tons of corn (118 to 354 million bushels) in the current year.

• U.S. Unemployment declined to 9% in January from December’s 9.4%

• Brazil's industrial output rose 10.5% in 2010.

• The IMF fears rising unemployment around world: The IMF's Strauss-Kahn said some 30 million jobs were lost during the financial crisis, but it was a small figure compared with the 400 million jobs the world has to provide to young people.

• YoY Japan's monetary base rose 5.5 %.

• Indonesia raised rates by 25 basis points.

• (WSJ) Hackers have penetrated the computer network of the company that runs the Nasdaq Stock Market numerous times over the past year.

• Bush has had to call off a trip to Switzerland next weekend because of the threat of his arrest.