Thursday, March 22, 2007

Quick Overview

  • U.S. Leading indicators were down 0.5% in February, six of ten indicators showing a decline.

  • U.K. Retail sales were up 1.4% in February, more than expected and the biggest jump in two years after

  • The Fed said its holdings of Treasury and agency debt kept for overseas central banks rose $10.79 billion in the week ended March 21, to $1.882 trillion.

  • Japans land prices increased 0.1% in 2006, the first increase in 16 years. Commercial land prices increased 2.3% and land in metropolitan areas increased more.

  • The USDA said there were 483.6 million pounds of frozen pork in storage on February 28, 2007, down 8% YoY.

  • The USDA said there were 732 million pounds of frozen orange juice concentrate in U.S. cold storage, down 32% YoY.

  • The U.S. Department of Energy said that underground supplies of natural gas were up 17 billion cubic feet last week at 1.533 trillion cubic feet.

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