- U.S. Consumer price index rose 0.2% in April and 3.9% YoY-- less than expected. Excluding food and energy prices rose 0.1% in April, and 2.3% YoY.
- U.S. Mortgage applications rose 2.9% last week.
- YoY, China's industrial production rose 15.7% in April
- Industrial production in the Euro area fell 0.2% in March.
- The U.S. Department of Energy said:
Supplies of crude oil inventories rose 200,000 barrels last week to 325.8 million barrels. - Supplies of gasoline fell 1.7 million barrels
Supplies of heating oil supplies rose 400,000 barrels.
Refinery use rose from 85.0% to 86.6% of capacity.
Gasoline demand fell 0.2% YoY.
Distillate demand rose 0.8% YoY.