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2008-06-10 US Trade Balance

Trade Balance (April)

Survey -$60.0B
Actual -$60.9B
Prior -$58.2B
Revised -$56.5B

A bit of a backup due to petroleum prices but gradually getting smaller as CB’s and Monetary authorities have cut back their rate of accumulation of $US financial assets.

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2008-06-10 Trade Balance Ex Petrol

Trade Balance Ex Petrol (Apr)

Survey n/a
Actual -$26.411B
Prior -$26.284B
Revised n/a

This has been quickly reversing and offsetting the higher prices paid for crude oil imports.

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2008-06-10 Trade Balance ALLX

Trade Balance ALLX (Apr)

Lots of interesting data here, as, in general, exports continue to increase at emerging market type rates.

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2008-06-10 IBD TIPP Consumer Confidence TABLE

IBD/TIPP Economic Optimism (Jun)

Survey 40.0
Actual 37.4
Prior 40.3
Revised n/a

Inflation taking a bite into optimism.

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2008-06-11 ABC Consumer Confidence

ABC Consumer Confidence (June 8)

Survey -47
Actual -45
Prior -45
Revised n/a

A little better but still low due to weak equities and high inflation.


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