Quick Overview

• U.S. factory orders were up 3.1% in March and more expected.
  

• The unemployment rate in the Euro area fell from 7.3% to 7.2%.
  

• The Reserve Bank of Australia kept rates unchanged at 6.25%.
  

• The U.S. Department of Energy said that:
  Supplies of crude oil were up 1.1 million barrels to 335.6 million barrels.
  Supplies of gasoline were down 1.1 million barrels
  Supplies of heating oil supplies were down 900,000 barrels.
  Gasoline demand was up 1.6% YoY
  Distillate demand was up 5.4% YoY.