Monthly Archives: May 2008

2008-05-30 US Economic Releases

[Skip to the end] Personal Income (Released 9:30 EST) Personal Spending (Released 9:30 EST) PCE Deflator YoY (Released 9:30 EST) PCE Core MoM (Released 9:30 EST) PCE Core YoY (Released 9:30 EST) Chicago Purchasing Manager (Released 10:45 EST) U. of … Continue reading

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2008-05-30 Data Recap

[Skip to the end] Karim writes:   Core pce up 0.1% m/m and unch at 2.1% y/y (recent high 2.5% in 2/07; recent low 1.9% in 9/07); 3mth annualized rate back to 1.9% Yes, the Fed welcomes this but is … Continue reading

Posted in Inflation, USA | Tagged , , , , |

U.S. May Final Consumer Confidence: Summary (Table)

[Skip to the end] US May Final Consumer Confidence TABLE Interesting how current conditions improved while expectations fell, probably due to expected higher prices. It’s all about inflation now. [top]

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ICSC Survey

[Skip to the end] Karim writes: The ICSC weekly chain store sales index was unchanged for the week ending May 24 compared with the prior week and rose by 1.5% from the same week of the prior year–steady with the … Continue reading

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Dow Jones: Housing Starts

[Skip to the end] Housing Starts Down 8.7% In April (Dow Jones) Japan’s housing starts fell 8.7% in April from a year earlier to 97,930 units, the Ministry of Land, Infrastructure and Transport said Friday. The result was better than … Continue reading

Posted in Housing |

Re: Midcurve steepener – The unusual nature of the current USD selloff

[Skip to the end] (an interoffice email) On Thu, May 29, 2008 at 11:58 PM, Deep wrote: >    The attached charts shows the change in 3M Forwards for the USD curve from its >    lowest yield point this year (17Mar08) … Continue reading

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2008-05-30 EU News Highlights

[Skip to the end] Highlights European Inflation Accelerates More Than Forecast as Oil Surges Note the concern over inflation expectations in the text below. That’s what has turned the Fed as well. German Retail Sales Unexpectedly Dropped on Inflation Weber … Continue reading

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2008-05-29 US Economic Releases

[Skip to the end] GDP QoQ Annualized (Released 9:30 EST) Personal Consumption (Released 9:30 EST) GDP Price Index (Released 9:30 EST) Core PCE QoQ (Released 9:30 EST) Initial Jobless Claims (Released 9:30 EST) Continuing Claims (Released 9:30 EST) Help Wanted … Continue reading

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Reuters: Saudi Arabia Pumps Extra Oil to Match Demand

[Skip to the end] Saudi Pumps More Oil (Reuters) Top oil exporter Saudi Arabia has boosted supply to help meet the world’s need for fuel and may further increase output later if needed, a senior Gulf OPEC source said on … Continue reading

Posted in Oil | Tagged , , , |

2008-05-28 US Economic Releases

[Skip to the end] MBAVPRCH Index (Released 7:00 EST) MBAVREFI Index (Released 7:00 EST) Durable Goods Orders (Released 8:30 EST) Durables Ex Transportation (Released 7:00 EST) MBAVPRCH Index (May 23) Survey n/a Actual 352.7 Prior 352.5 Revised n/a [top][end] MBAVREFI … Continue reading

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