Wednesday, January 18, 2006

Quick Overview

  • U.S. Consumer prices fell 0.1% in December as energy prices declined, the Labor Department reported Wednesday.

  • The economy chugged ahead as the New Year opened with manufacturing picking up, employment improving and retail sales rising, the Federal Reserve reported Wednesday.

  • Foreign investors raised their holdings of U.S. assets by $89.1 billion in November.

  • The national average retail price of diesel fuel fell 3.6 cents to $2.449 a gallon, the Department of Energy reported Tuesday following its weekly survey.

  • The U.K. unemployment rate increased from 4.6% to 5.0%.

  • YoY Consumer prices in Canada were up 2.2% in December.

  • London inventories of copper are at 104,375 tons.

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