Thursday, August 17, 2006

Quick Overview

  • The Conference Board Index of Leading Economic Indicators fell 0.1 percent in July.

  • The Labor Department reported that 312,000 workers applied for jobless benefits, down by 10,000 from the previous week.

  • The Philadelphia Federal Reserve's regional index of business activity increased from 6.0 to 18.5 in August, more than expected.

  • The U.S. Department of Energy said that underground supplies of natural gas were up 37 billion cubic feet last week at 2.800 trillion cubic feet.

  • Retail sales in the U.K. were down 0.3% in July, weaker than expected.

  • Taiwan's GDP was up 4.6% in the second quarter from a year ago, less than expected.

  • Italy posted a current account deficit of 2.053 bln Euro in June against a deficit of 855 mln a year earlier.

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