Thursday, July 09, 2009

Quick Overview

  • U.S. jobless claims fell 52,000 last week to 565,000.

  • China’s car sales rose 48%.

  • (Bloomberg) China’s new lending more than doubled in June from a month earlier, increasing concerns bad loans and asset bubbles will emerge amid a credit boom.

  • Japan’s June Machine Tool Orders fell 73.1% YoY

  • YoY Japan's wholesale prices fell 6.6% in June , the biggest fall on record

  • Australia's unemployment rate rose to a six-year high of 5.8 % in June.

  • The Bank of England kept its interest rate unchanged at 0.50%

  • U.K. exports fell 1% in May while imports fell 4%.

  • Canada's housing starts rose 8% in June.

  • YoY European Cocoa grindings fell 11.3%

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