Saturday, May 26, 2007

Quick Overview

  • The National Association of Realtors reports U.S. existing home sales down 2.6% from March's pace and the lowest level in over three years. Current inventories of homes for sale represent an 8.4 month supply, the most in 15 years.

  • GDP in the U.K. rose 0.7% in the first quarter and up 2.9% YoY.

  • Japans consumer prices were unchanged YoY.

  • YoY goods shipped by truck in the U.S. fell by 2.7 percent in April.

  • Container volumes on the Asia — Europe trade rose 20% in the first four months of the year.

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