Archive for March 30th, 2010

Conference Board Consumer Confidence For March At 52.5

Conference Board consumer confidence came out at 52.5 vs. 50 consensus and 46 reading for February. Chart 1. Conference Board Consumer Confidence

S&P/Case-Shiller Composites Rose in January

Both 10 city and 20 composites rose 0.3% in January. Keeping in mind that this is 3 month rolling average. Chart 1. S&P/Case-Shiller Composite 10 Chart 2. S&P/Case-Shiller Composite 20

Iron Ore Annual Pricing Contract System Goes To History

In a sign of strength of iron ore demand iron ore producers and Asian MillsĀ  have ended 40 year old annual pricing system and moved to short term pricing. Bloomberg story: Vale, BHP End Annual Ore Talks; Vale Wins 90% Jump. Iron ore producers have managed to get Asian steel mills to agree that iron […]

 

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