- U.S. Payrolls rose jumped by 167,000 in December and the unemployment rate held at 4.5%, the Labor Department said Friday.
- November air cargo shipments jumped 2.9% YoY.
- China's central bank raised the bank reserve requirement to 9.5% from 9.0% in another attempt to slow bank lending.
- The unemployment rate in the Euro area improved from 7.7% to 7.6% in November, the lowest in 13 years.
- A new US Senate Bill to boost ethanol was introduced Thursday. The bill calls for the oil industry to blend 60 billion gallons of ethanol and biodiesel annually in motor vehicle fuel by 2030. This would be a huge increase from current Energy Policy Act of 2005 that requires 7.5 billion gallons of ethanol and biodiesel to be blended in the fuel supply by 2012.
- The DoE said that underground supplies of natural gas were down 47 billion cubic feet to 3.074 trillion cubic feet.
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