Quick Overview
- Canada's wholesale sales up 2.0% from June.
- Retail sales in the U.K. rose 0.6%.
- China plans to restrict fuel made from agricultural products and cut import tariffs to reduce food inflation. Corn demand is expected up 14.5% by 2010, while output is expected to rise 3.5%.
China's overall inflation rate in August was a 10-year high of 6.5%. China's food-price inflation however was 18.2%, 34.6% for vegetable oils and 495 percent for meat. - YoY, on September 19, cocoa stocks in New York Board of Trade warehouses fell 14% to 3.77 million bags. There are also concerns about the presence of black pod disease in the Ivory Coast.
- Credit Suisse, raised its 12-month forecast for gold, silver and other precious metals because of supply shortfalls and a decline in the value of the dollar.
Buy:
CPSL
NTCT
1 comment:
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