Thursday, November 10, 2011

Quick Overview

  • YoY U.S. intermodal traffic rose 3.5% for the week ended Saturday

  • The Greek Unemployment rate in August 2011 was 18.4% compared to 12.2% in August 2010

  • The EU is now projected to stagnate until 2012. Growth for 2012 is forecast at ½%. By 2013, a return to slow growth of about 1½% is projected.

  • YoY German CPI rose 2.5% in October

  • Korea held its policy interest rate at 3.25%

  • MoM U.S. Foreclosure activity rose 7% in October

  • MoM Italian Industrial Production fell 4.8% in September
  • 10-Year Italian government bond yields at 7.3% on Thursday

  • China's trade surplus less than expected at $17.0 billion

  • MoM Japan's core machinery orders fell 8.2% in September

  • (BBC) Mr. Murdoch, I think you must be the first mafia boss in history who didn't know he was running a criminal enterprise' - Tom Watson MP

  • Nvidia (NVDA) YoY Q3 profit at 29 cents a share, compared to 15 cents a share

  • Walt Disney (DIS) Q4 profit rose 30%

  • The latest bond sale went well in Italy

  • U.S.unemployment benefits dropped by 10,000 to 390,000 in the week ending November 5

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