Thursday, March 11, 2010

Quick Overview

  • U.S. Labor Department said that jobless claims were down 6,000 last week to 462,000

  • Falling domestic demand for oil and foreign cars narrowed the US trade gap in January. The result was net imports of $37.3 billion, down from $39.9 billion in December.

  • YoY consumer prices in China rose 2.7% in February

  • Australia's unemployment rate rose from 5.2% to 5.3% in February

  • Japan's GDP was rose 0.9% in Q4 and 1.4% YoY.

  • MoM U.S. silver imports rose 23.4% in January but fell 9.9% YoY.

  • (Spiegel) The German government has discovered the Internet and data privacy as a political issue. The new debate over who should control the online world reveals a clash of two cultures, with the American ideal of freedom contrasting with the European desire for privacy.

  • Ship container volumes from Asia to Europe rose for a third consecutive month in January, growing by over 10% YoY.

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