Wednesday, April 12, 2006

Quick Overview

  • The U.S. government ran a budget deficit of $85.47 billion in March.

  • European 2005 GDP was up 1.3% in the Eurozone and up 1.6% in the EU-25.

  • The U.K.s unemployment rate was 5.1% in the December to February quarter, up from 5.0% a month ago. The leading economic indicator for the U.K. was up 0.8% in February.

  • Canadian exports were down 3.5% in February and imports were down 4.6%.

  • The U.S. Department of Energy said that:
    Supplies of crude oil were up 3.2 million barrels last week to 346.0 million barrels.
    Supplies of unleaded gasoline were down 3.9 million barrels
  • Supplies of heating oil were down 1.4 million barrels.

  • The U.S. Commerce Secretary said that China has agreed to ease its ban on U.S. beef.

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