Thursday, October 11, 2007

Quick Overview

  • The U.S. deficit in international trade of goods and services shrank 2.4%.

  • Australia's unemployment rate fell from 4.3% to 4.2%.

  • The International Coffee Organization kept its guess of 2007-2008 world production and consumption unchanged at 114 and 122 million bags.

  • The U.S. Department of Energy said that:
    Supplies of crude oil supplies fell 1.7 million barrels to 320.1 million barrels
    Supplies of gasoline rose 1.7 million barrels
    Supplies of heating oil rose 1.0 million barrels
    Gasoline demand fell o.4% YoY
    Distillate demand rose 1.3% YoY
    Underground supplies of natural gas rose 73 billion cubic to 3.336 trillion cubic feet.



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