Wednesday, October 22, 2008

Quick Overview

  • Canada’s retail sales fell 0.3%. Excluding autos, retail sales rose 0.4%
    Canada’s index of leading indicators fell 0.2% in September

  • New Zealand's central bank cut its benchmark interest rate by a record 1% to 6.5%

  • The U.S. Department of Energy said:
    Supplies of crude oil rose 3.2 million barrels to 311.4 million barrels
    Supplies of gasoline rose 2.7 million barrels
    Supplies of heating oil rose 800,000 barrels.
    Refinery use increased from 82.2% to 84.8% of capacity
    Gasoline demand fell 4.3% YoY
    Distillate demand fell 5.8% YoY

No comments: