08
Aug
12

Auto Sales: Brazil Tax Credit Helps, Asia Strong

When I get the totals I will publish as this data is critical to both crude market, but also the live cattle market.

However, one can make the case that this influences much in corn as well (think ethanol trade, gasoline exports to SA).

That being said, Argentina is still struggling.

Europe obviously sucks and the US growth has slowed, but remains strong.

Out east, Japan remains VERY strong amid the YoY hurricane effects. Also ASEAN and Australia (even New Zealand) remain strong.

ASEAN (Indonesia, Thailand, Malaysia, Singapore, Philippines, Vietnam)

This is more of an FYI, but always good to follow as per many of my posts this correlates to GDP very well.
China’s crude imports, car sales, coming shortly  : -)


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