Wednesday, February 13, 2008

Quick Overview

  • U.S. retail sales rose 0.3% in January -- better than expected.

  • U.K.'s unemployment rate improved to 5.2%, the lowest since 1975.

  • Producer prices in Japan rose 3.0% YoY.

  • Consumer confidence in Australia fell 103.1 to 97.4

  • Industrial production in the Euro area fell 0.2%.

  • The DOE said: Supplies of crude oil rose 1.1 million barrels to 301.1 million barrels.
    Supplies of gasoline rose 1.7 million barrels
    Supplies of heating oil rose 600,000 barrels.
    Refinery activity improved from 84.3% to 85.1% of capacity
    Gasoline demand rose 0.4% YoY
    Distillate demand fell 2.8% YoY

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