Thursday, April 24, 2008

Quick Overview

  • U.S. Durable goods orders fell 0.3% in March. Excluding transport, orders rose 1.5% -- stronger than expected.

  • U.S. New home sales were at an annual rate of 526,000 in March, down 8.5% from February's pace and down 36.6% YoY. New homes for sale rose from 10.2 to an 11-month supply.

  • The U.S. Labor Department said that jobless claims fell 33,000 to 342,000, fewer than expected.

  • German business sentiment fell from 104.8 to 102.4.

  • U.K. Retail sales fell 0.4%.

  • Statistics Canada said, on April 1st, there were 13.0 million hogs on farms, down 11.7% YoY.

  • Merrill Lynch said it has enough capital to keep its dividend.


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