Thursday, July 17, 2008

Quick Overview

  • U.S. housing starts were at an annual rate of 1.066 million units, up 9.1% MoM, but down 26.9% YoY.

  • U.S. jobless claims rose 18,000 last week to 366,000.

  • The Philadelphia Federal Reserve's regional manufacturing index improved from -17.1 to -16.3

  • China's GDP rose 10.1% QoQ.

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