Quick Overview

• Federal Reserve policymakers were unanimous in the view last month that inflation, not economic weakness, was their major worry.

• Machinery orders in Japan were down 5.2% in February, more than expected.
  
  
• The International Monetary Fund estimates 2007 real GDP growth:
• US 2.2%.
• Canada 2.4%
• U.K 2.9%
• Euro Area 2.3%
• Japan 2.3%
  
  
  

• The U.S. DOE said:
  Supplies of crude oil were up 700,000 barrels to 333.4 million barrels.
  Supplies of gasoline were down 5.5 million barrels
  Supplies of heating oil supplies were down 1.2 million barrels.
  Gasoline demand was up 2.5% YoY, and distillate demand was down 1.3% YoY