Global Macro Perspectives
(For The Week Ending September 10, 2010) ECRI Weekly Leading Index for week ending September 10, 2010 was reported down 9.2%. Prior reading was at -10.1%. Out of the recession territory. Chart 1. ECRI Weekly Leading Index
(For September 2010) University of Michigan/Reuters Consumer Sentiment for September came out at 66.6 vs. 70.0 consensus and 68.9 August reading. Another weak reading, consumer don’t feel like spending. Weakest reading since August 2009. Chart 1. University of Michigan/Reuters Consumer Sentiment
(For August 2010) U.S. consumer price index rose 0.3% in August, right at the consensus. July reading was also 0.3%. Chart 1. U.S. Consumer Price Index Consumer price index fell less food & energy came out unchanged. The consensus was at 0.1%, July reading was at 0.1%. Chart 2. U.S. Consumer Price Index Core (Less Food […]
(For The Week Ending September 10, 2010) Working gas in storage rose 103 Bcf from previous week. Consensus was at 93 Bcf. Chart 1. Natural Gas Futures Chart 2. Working Gas in Underground Storage Compared with 5 Year Average Chart 3. Natural Gas Futures Curve