Global Macro Perspectives
(For The Week Ending October 9, 2010) U.S. railroads originated 297,029 carloads, up 8.6% compared with the same week in 2009, but down 7.2% compared with 5-year average. Week over week change was -0.8%. Chart 1. Association of American Railroads U.S. Freight Carloads
(For The Week Ending October 8, 2010) Crude oil stocks fell 0.4 million barrels for the week ending October 8, 2010; Gasoline stocks fell 1.8 million barrels; Distillate stocks were down 0.3 million barrels; Propane/propylene stocks rose 0.3 million barrels; Other oils stocks fell 2.1 million barrels; Total crude oil and petroleum stocks were 4.5 […]
(For The Week Ending October 8, 2010) ECRI Weekly Leading Index for week ending October 8, 2010 was reported down 6.9%. Prior reading was at -7.0%.. Chart 1. ECRI Weekly Leading Index
(For October 2010) Empire State Manufacturing Survey for October came out at 15.7 vs. 6.0 consensus and 4.1 prior reading. Positive surprise. Chart 1. ISM manufacturing vs. Regional Manufacturing Surveys
(For October 2010) October University of Michigan Consumer Sentiment was reported at 67.9 vs. 68.9 consensus and 68.2 September reading. Contrary to the other data released today this one is on the weak side. Chart 1. University of Michigan Consumer Sentiment vs. Conference Board Consumer Confidence
(For September 2010) U.S. retail sales rose 0.6% in September . The consensus was at 0.4%, August reading (revised up 0.4%) was at +1.0%. On year level retail sales are up 7.3%. Declining only clothing & clothing accessories. Positive report. Chart 1. U.S. Retail Sales Autos taken out, the figure was an increase of 0.4% vs. consensus of 0.3% growth. Prior […]
(For September 2010) U.S. consumer price index rose 0.1% in September vs. 0.2% consensus and August reading of 0.3%. Chart 1. U.S. Consumer Price Index Consumer price index fell less food & energy came out unchanged. September reading was also at 0.0%. The consensus was at 0.1%. Chart 2. U.S. Consumer Price Index Core (Less Food & Energy) We […]
(For The Week Ending October 8, 2010) Working gas in storage rose 91 Bcf from previous week. Consensus was at 92 Bcf. Chart 1. Natural Gas Futures Chart 2. Working Gas in Underground Storage Compared with 5 Year Average Chart 3. Natural Gas Futures Curve