Thursday, January 05, 2012

Quick Overview

  • The U.S. ISM rose in December to 52.6% from November's 52.0%, a reading that nonetheless was below the 53.3% expected.

  • The DOE said in the week ended Dec. 30:
  • Oil supplies rose 2.2 million barrels
  • Gasoline inventories rose 2.5 million,
  • Distillates supplies rose 3.2 million barrels.

  • YoY BMW U.S. sales rose 17.9%

  • It is hot in Australia and they’re running low on soft-drinks (The decade to 2011 was the hottest on record)

  • The number of Americans claiming weekly unemployment benefits fell 15,000 to 372,000 last week, the lowest level since the summer of 2008.

  • Spanish banks will need to find an extra €50bn to cover potential losses from property loans, the Financial Times reported

No comments: