Tuesday, November 17, 2009

(Possible) Market-Moving News of 2009:

November 3 - IMF sells 200 tons of gold to the Reserve Bank of India. Gold hits new record high.

October 30 - Japan's unemployment rate improved from 5.5% to 5.3% in September, the best in four months.

October 29 - Chinese officials agreed to end their six-month ban on U.S. pork imports.

October 9 - USDA: Florida's 2009-2010 orange crop estimate at 136 million boxes, less than expected.

October 9 - Canada's unemployment rate unexpectedly improved from 8.7% to 8.4% in September, the first decline since last fall.

October 8 - ICSG est.: World copper production surplus of 539,000 tons in 2010, up from their April estimate of 400,000 tons.

September 18 - USDA: 492,529 acres of commercial orange trees in Florida, down 1% from a year ago and the lowest total since 1986.

September 11 - First mention of severe drought conditions affecting China's corn crop.

August 21 - This week, Warren Buffett, Joseph Stiglitz, and PIMCO's El Erian all made negative comments about the U.S. dollar.

August 19 - The World Gold Council said that central banks bought 14 tons of gold in the second quarter of 2009 - "the first net purchase by central banks for a considerable length of time."

August 13 - France and Germany surprise markets with .3% positive growth in the second quarter.

August 7 - First improvement in the U.S. unemployment rate since April of 2008.

July 27 - U.S. new home sales up 11% in June, much better than expected.

July 24 - Lowest U.S. cattle inventory in 36 years and lowest cattle on-feed available in 10 years.

June 30 - USDA: 87.04 million planted corn acres, +1% from a year ago, the second most acres since 1946, and much more than expected.

May 26 - India bans futures trading in sugar contracts.

May 21 - USDA estimates that 2009-2010 world ending stocks of sugar will total 19% of annual use, the lowest in 16 years.

May 4 - China's manufacturing index confirms first expansion in nine months.

April 27 - World Health Organization declares swine flu outbreak an international health emergency.

April 22 - China imports record high 296,843 tons of copper in March.

March 18 - Fed will buy $300 billion in Treasuries and $750 billion of mortgage securities.

March 10 - Surprise profit at Citigroup.

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