Daily Reading – November 24, 2010
No Ireland in today’s reading.
Archive for November 24th, 2010
November University of Michigan Consumer Sentiment Final Reading At 71.6
University of Michigan Consumer Sentiment November final reading was reported at 71.6 vs. 69.7 consensus and 69.3 prior November reading.
U.S. New Home Sales At 283.000 In October, Down 28.5% YoY
U.S. new home sales in October were reported at 283.000 SAAR vs. consensus of 314.000 SAAR and prior reading of 307.000 SAAR.
U.S. Personal Income Rose 0.5%; U.S. Consumer Spending Rose 0.4%
U.S. personal income rose 0.5% in October vs. 0.4% consensus and unchanged in September. On y-o-y level the personal income is up 3.7%.
MBA Mortgage Applications Up 2.1%
MBA mortgage applications rose 2.1%; Prior reading was a decrease of 14.4%; On year level MBA Basic Index is up 21.3%.
U.S. Durable Goods Orders Fell 3.3% In October
Durable good orders fell 3.3% in October vs. 0.1% consensus and 5.0% increase in September (revised upwards from 3.3%)…
U.S. Initial Jobless Claims At 407.000; Down 34.000
Initial jobless claims in the U.S. were reported at 407.000. The consensus was at 435.000, last week revised (down 3.000) reading was at 441.000.
The most positive data point today.
Ireland Credit Rating Cut Two Notches By S&P
The country is in the process of being bailed out and they have an A rating on it?