Archive for September 13th, 2010

China Industrial Production Rose 13.9% In August

(For August 2010) Industrial production in China rose 13.9% y-o-y in August from 13.4% in July. The consensus was at 13.0%. Chart 1. China Industrial Production

China Retail Sales Up 18.4% In August

(For August 2010) China retail sales rose 18.4% in August vs. 18.0% consensus and 18.2% growth in July. Chart 1. China Retail Sales Growth

China CPI Inflation In August At 3.5%; China PPI Inflation In August At 4.3%

(For August 2010) China Consumer Price Index was up 3.5% in August, right at the consensus. June reading was also at  3.5%. China Producer Price Index was up 4.3% in August vs. 4.5% consensus and 4.8% July reading. Again, most of the consumer price increase came from food. PPI eased again on a year level, but […]

China Speeds Up The Rate of Monetary Expansion In August

(For August 2010) My impression from the August China macroeconomic data is that the Chinese government has speed up monetary expansion while keeping tight grip on real-estate and equity markets. The August speed up means that either the rate of expansion will slow down in the last quarter of 2010 or Chinese targets for this year will […]

U.S. Freight Carloads Weekly – September 13, 2010

(For The Week Ending September 3, 2010) U.S. railroads originated 305,000 carloads, up 6.8% compared with the same week in 2009, but down 0.8% compared with 5-year average. Week over week change was +0.9%. Chart 1. Association of American Railroads U.S. Freight Carloads Total

Dry Bulk Weekly – September 13, 2010

Baltic dry index rose 4.1% last week; Capesize Index was up 2.1%; Panamax Index rose 8.7%; Supramax and Handysize Indexes gained 2.7% and 1.1% respectively. Iron ore stockpiles moved sharply lower, suggesting demand will be solid in near-term. Chart 1. Baltic Dry Indexes Relative Performance Chart 2. Baltic Dry Index Chart 3. Baltic Dry Index Components Chart 4. […]

Tanker Weekly – September 13, 2010

Baltic Dirty Tanker Index fell 1.6%; Baltic Clean Tanker Index fell 2.7%. Too few cargoes and too many ships. Chart 1. Baltic Tanker Indexes Relative Performance Chart 2. Baltic Tanker Indexes

New Week Intro September 13, 2010

Important U.S. earnings this week: Monday: Discover Financial Services (DFS), Matrix Service (MTRX), HB Fuller (FUL), Volt Information Sciences (VOL) Tuesday: Pall (PLL), Cracker Barrel Old Country Store (CBRL), Best Buy (BBY), Kroger (KR) Wednesday: AAR (AIR), CLARCOR (CLC), Apogee Enterprises (APOG) Thursday: FedEx (FDX), Marcus (MCS), Herman Miller (MLHR), Oracle (ORCL) Friday: – Important […]


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