October Philadelphia FED General Business Conditions Index At 8.7
Philadelphia FED General Business Conditions Index rose from -17.5 to 8.7. Consensus was at -9.4.
Archive for October 20th, 2011
U.S. Petroleum Weekly – October 20, 2011
Very strong inventory data is not translating into price strength.
Daily Reading – Thursday, October 20, 2011
*** FT Alphaville: [Explaining backwardation] The curious case of super-backwardation ***
*** FT Alphaville: [Explaining backwardation] Are index funds the new swing producers? ***
*** FT Alphaville: [Explaining backwardation] The WTI-Brent anomaly ***
*** FT Alphaville: EFSF as bond-buyer (and repo monster) ***
*** FT Alphaville: Steeling for more commodities volatility ***
*** The Big Picture: Understanding Federal Debt & Presidential Budgets, Fiscal Year Edition ***
U.S. Initial Jobless Claims At 403.000; Down 6.000
Initial jobless claims in the U.S. were reported at 403.000 vs. 400.000 consensus and last week revised (up 5.000) reading of 409.000.