Quick Overview

• U.S. jobless claims fell 9,000 last week to 365,000.
  
  

• U.S. Home prices fell 1.7% in the first three months of 2008 from the previous quarter -- the largest quarterly price decline on record. YoY prices fell 3.1%.
  

• The U.S. DoE said that underground supplies of natural gas rose 85 billion cubic feet last week to 1.614 trillion cubic feet. Supplies are down 16% YoY
  

• Canada’s retail sales rose 0.1% MoM.
  

• U.K.'s retail sales fell 0.2% MoM.
  

• Euro zones industrial new orders fell 1.0% MoM and down 2.5% YoY.
  

• Shanghai port April volume rose 9%.
  

• YoY Chinese demand for diesel has increased 13%.