Thursday, October 18, 2007

Quick Overview

  • The number of U.S. workers filing new claims for jobless aid jumped by 28,000 last week, more than expected and the biggest increase for any week since February.

  • The Philadelphia Federal Reserve's regional index of manufacturing dropped from 10.9 to 6.8 in October, a sign of slower growth.

  • U.S. leading indicators rose 0.3% in September

  • U.K. Retail sales rose 0.6% in September, more than expected.

  • The U.S. Department of Energy said that underground supplies of natural gas were up 39 billion cubic feet last week to 3.375 trillion cubic feet. YoY supplies are down 2%

  • Wheat sales have reached 82.6% of the USDA forecast for the entire marketing year as compared to 51.3% on average over the last five years.

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