Friday, May 08, 2009

Quick Overview

  • The U.S. unemployment rate rose from 8.5% to 8.9% in April

  • U.S. employers cut 539,000 jobs in April, after a 699,000 loss in March, the Labor Department said.

  • U.S. Wholesale sales fell 2.4% MoM and down 18.1% YoY

  • Canada‘s unemployment rate unchanged at 8.0%

  • Canada's Mortgage and Housing Corporation said housing starts fell 20% MoM

  • U.K. producer prices rose 0.6%.

  • Vehicle sales in China rose 25% in April

  • The Port of Shanghai’s foreign trade value fell 25% YoY, but rose 34% February to March.

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