Wednesday, August 06, 2008

Quick Overview

  • Consumer confidence in the U.K. fell from 62 to 51 in July.

  • German factory orders fell 6.1% in June.

  • The U.S. DOE said:
  • Supplies of crude oil rose 1.7 million barrels to 296.9 million barrels
    Supplies of gasoline fell 4.4 million barrels
    Supplies of heating oil rose 1.1 million barrels.
    Refinery use fell from 87.2% to 87.0% of capacity last week.
    Gasoline demand fell 2.3% YoY
    Distillate demand rose 3.5% YoY.

  • The port of Dalian, which is the largest in northeast China, saw its container throughput rise 23.8% YoY.

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