Thursday, November 15, 2007

Quick Overview

  • The New York Federal Reserve's regional index of manufacturing fell from 28.75 to 27.37 in November -- stronger than expected.

  • The Philadelphia Federal Reserve's index of manufacturing rose from 6.8 to 8.2 in November -- stronger than expected.

  • Canada’s existing home sales rose 1.3% from September's pace.

  • U.K.'s retail sales fell 0.1% in October, but rose 4.4% YoY.

  • Consumer prices in the Euro zone rose 2.6% in October

  • Japan's tertiary index of services fell 1.6% in September.

  • YoY Industrial production in China rose 17.9%.

  • The U.S. Department of Energy said that:
    Supplies of crude oil rose 2.8 million barrels to 314.7 million barrels
    Supplies of gasoline rose 700,000 barrels
    Supplies of heating oil fell 700,000 barrels.
    Refinery use rose from 86.2% to 87.7% last week.
    gasoline demand rose 0.6% YoY
    Distillate demand rose 0.5% YoY.
    Supplies of natural gas are up 2.5% YoY and up 8% from the five-year average.

  • The World Gold Council said that YoY gold demand rose 19% in the third quarter.

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