Thursday, December 08, 2005

Quick Overview

  • U.S. jobless claims were up 6,000 last week to 327,000.

  • The U.S. Department of Energy said that underground natural gas supplies were down 59 billion cubic feet last week to 3.166 trillion cubic feet. Supplies are now down 2% from a year ago.

  • The unemployment rate in Australia dropped from 5.2% to 5.1% in November

  • Industrial production in Germany increased 1.1% in October

  • Japan's machinery orders rose 4.8% in October, providing more evidence of firms' strong desire to invest as they enjoy brisk profits and benefit from a steady recovery in the economy.

  • In the most recent quarter South Africa's gold production was down 3.4%.

  • Twelve-month inflation in Mexico fell to a historic low in November, and below the central bank's target for the first time ever.

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