Tuesday, April 13, 2010

Quick Overview

  • (Dow Jones)--Goldman Sachs Group Inc. (GS) Monday cut its three-month gold forecast by 8% and raised its copper price forecast by 4.6%, citing stronger copper demand across Asia, Europe and the U.S.

  • U.S. exports rose 0.2% in February while imports rose 1.7% . The result was $39.7 billion of net imports, up from $37.0 billion in January.

  • Canada’s exports rose 2.8% in February while imports rose 0.9%. The result was net exports of C$1.4 billion, up from $754 million in January.

  • YoY Japan’s producer prices fell 1.3% in March.

  • China announced that it will raise fuel prices by 4 to 4.5% tomorrow.

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