Thursday, September 21, 2006

Quick Overview

  • The U.S. Labor Department said that jobless claims were up 7,000 last week to 318,000.

  • The Conference Board's index of leading indicators was down 0.2%

  • The Philadelphia Federal Reserve's regional manufacturing index dropped from 18.5 to -.4 in September,

  • The U.S. Department of Energy said that supplies of natural gas were up 93 billion cubic feet last week to 3.177 trillion cubic feet. Supplies are now up 13% from a year ago.

  • Canada's retail sales up 1.5% MoM and up 5.7% YoY.

  • Net inflows to US commodity-linked mutual funds in the year to August were $107m, compared with $3.8bn in the same period of 2005.

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