Archive for October 19th, 2011

U.S. Housing Starts Up 15.0% In September

U.S. housing starts in September rose 15.0% to 658.000 vs. revised (1.000 higher) 572.000 August reading. Consensus was at 590.000. On year level U.S. housing starts are up 10.2%.

Daily Reading – Wednesday, October 19, 2011

*** FT BeyondBRICs: China: the case of the missing inflation ***
*** FT Alphaville: Are ETFs responsible for short-covering rallies? ***
*** Deal Journal: Goldman Sachs Hedges Its Way to Less Volatile Earnings ***
*** Wall Street Journal: Apple Loses Some of Its Shine ***

U.S. Consumer Price Index Rose 0.3% In September

U.S. consumer price index rose 0.3% in September vs. 0.3% consensus and August reading of 0.4%. On year level CPI inflation is running at 3.9%.

 

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