Tuesday, March 27, 2012

QUICK OVERVIEW

  • U.S. consumer confidence fell to 70.2, down from 71.6 in February.

  • Data through January 2012, released today by S&P Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed annual declines of 3.9% and 3.8% for the 10- and 20-City Composites, respectively.

  • The 'pink slime' controversy in the beef markets could actually be good news for the livestock markets. We will require "more" meat to make up the extra supply needed.

  • Alternative energy: Wooden batteries The Economist

  • Consumer confidence  for Germany declined to 5.9 in April from 6.0 points in March.
  • Jobless rate in France rose by 0.2% in February for the 10th successive month.
  • Hong Kong's average wage rate rose 9.4% YoY.

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