Wednesday, August 23, 2006

Quick Overview

  • Existing-home sales dropped 4.1 percent in July from the previous month to a seasonally adjusted annual rate of 6.33 million units, the National Association of Realtors reported. That was the lowest level since January 2004.

  • Canada's index of leading indicators was up 0.2% in July.

  • The U.S. Department of Energy said that:
    Supplies of crude oil were down 600,000 barrels last week to 330.4 million barrels.
    Supplies of unleaded gasoline were up 400,000 barrels
    Supplies of heating oil supplies were up 1.4 million barrels

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