Saturday, July 28, 2007

Quick Overview

  • U.S. GDP rose 3.4%.

  • The University of Michigan's index of consumer sentiment rose from 85.3 to 90.4 in July.

  • YoY consumer prices in Japan fell 0.2% in June.

  • Goldman Sachs thinks crude oil prices have the potential to spike to a $100 a barrel by the end of summer unless Middle East production increases.

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