Wednesday, March 26, 2008

Quick Overview

  • U.S. durable goods orders fell 1.7% in February. Excluding transportation, orders fell 2.6%.

  • German business confidence increased from 104.1 to 104.8

  • Industrial new orders for the Euro area 15 rose 2.0% MoM and 7.3% YoY.

  • The U.S. Department of Energy said:
    Supplies of crude oil were unchanged at 311.8 million barrels.
    Supplies of gasoline fell 3.3 million barrels
    Supplies of heating oil fell 1.3 million barrels.
    Refinery use fell from 83.8% to 82.2% of capacity last week.
    Gasoline demand fell 0.3% YoY
    Distillate demand fell 4.0% YoY.




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