Wednesday, April 16, 2008

Quick Overview

  • U.S. consumer prices rose 0.3% in March and 4.0% YoY. Without food and energy, prices rose 0.2% in March and 2.4% YoY.

  • U.S. housing starts fell 11.9% MoM and 36.5% YoY

  • Consumer prices in the Euro area rose 3.6%YoY

  • China's GDP rose 10.6% YoY

  • The U.S. Department of Energy said:
    Supplies of crude oil fell 2.3 million barrels to 313.7 million barrels.
    Supplies of gasoline fell 5.5 million barrels
    Supplies of and heating oil fell 200,000 barrels.
    Refinery use fell from 83.0% to 81.4% of capacity.
    Gasoline demand rose 0.8% YoY
    Distillate demand fell 0.9%.

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