- The Conference Board, said its Index of Leading Economic Indicators fell to 137.9 (0.6%) in May after it declined 0.1 percent to 138.7 in April. Suggesting the economy could worsen in coming months.
- The Chicago Federal Reserve's index of national activity fell from +.26 to -.16 in May, a sign of slower economic growth.
- The number of Americans filing first-time unemployment claims rose from a four-month low last week, the Labor Department said Thursday.
- YoY Argentina's economy grew by 6.4% - less than expected.
- December Eurodollar futures sank, pricing in with conviction the Fed will raise rates to 5.5% by year's end, from the current 5%.
- Canadian nickel producer Inco said Thursday that booming demand for nickel will lead to a 30,000 metric ton shortfall in supply in 2006.
- The USDA said there were 473 million pounds of frozen pork in cold storage, down 8% YoY.
- Frozen bellies totaled 64.9 million pounds, down 21% YoY.
- The U.S. Department of Energy said that underground supplies of natural gas were up 79 billion cubic feet to 2.476 trillion cubic feet. Supplies are up 22% YoY.
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