Economic Data

MBA Purchase Applications

Purchase Index - W/W Change	Prior          -3.2 %	Actual 1.5 %
Refinance Index - W/W Change	13.2 %	0.9 %
Composite Index - W/W Change	7.8 %	1.1 %

Durable Goods Orders

New Orders - M/M change Prior 2.5 % Rev 4.4 % Est        -3.0 % Range                      -5.7 % to 0.5 % Act              - 3.6 % New Orders - Yr/Yr Change 10.5 % 14.1 % 5.3 % Ex-transportation - M/M 1.3 % 2.5 % -1.5 % Ex-transportation - Yr/Yr 6.1 % 8.2 % 6.7 %

From Briefing.com:

Highlights: Durable orders fell 3.6% in April after increasing an upwardly revised 4.4% (from 4.1%) in March. This was the biggest decline since October 2010.

• The Briefing.com consensus expected durable goods orders to decline 2.0%.

Read more: http://www.briefing.com/Investor/Public/Calendars/EconomicReleases/durord.htm#ixzz1NOsaS7Gx

Orders for durable goods fall 3.6% in April Airline, auto declines account for bulk of reversal, U.S. data indicate

FHFA House Price Index

M/M change	Prev         -1.6 %	Revised       -1.5 %	Act    -0.3 %
Y/Y change	-5.7 %	-5.5 %	-5.8 %

EIA Petroleum Status Report

Crude oil inventories (weekly change)	Prior          0.0 M barrels	Current             0.6 M barrels
Gasoline (weekly change)	0.1 M barrels	3.8 M barrels
Distillates (weekly change)	-1.2 M barrels	-2.0 M barrels

 

Weekly Petroleum Status Report

Analysis of US EIA data: US middle distillate inventories drop as ULSD demand surges

U.S. Oil Import Dependence: declining no matter how you measure it

 

Market Activity

Softs+2.53%

LB+3.61% CC+3.40% SB+3.33% OJ+2.22% KC+1.40%      CT+1.40%

Commodities: Slow Boat to China Big Boost for Canada Lumber-2

Metals+2.04%

SI+4.74% HG+2.33% PA+1.75% PL+1.10% GC+0.12%

PRECIOUS METALS: Gold, Silver Rise On Safe Haven Buying

Energies+1.34

HO+2.44% CL+1.62% RB+1.12% ZK +1.03% NG+0.62%

Oil hits 2-week high on U.S. distillate draw, dollar

Grains+0.96%

O+2.50% W2.15% C1.23%  BO+0.84% RS+0.57% S+0.35% RR +0.30% SM-0.25%

Evening markets: wheat rises, dismissing Russia export risk

Indices+0.72% CRB +1.57% VIX -1.91%

RJ+1.16% EW+0.62% NQ+0.35%         ES+0.32% YM+0.28%

U.S. stocks end higher after 3-session drop

Currencies+0.11%

SF+0.73% BP+0.59% USD unch MP unch CD -0.07% JY-0.12% EC-0.18% AD-0.25%

Financials-0.01%

ZF+0.12% ZN+0.06% ZT+0.02% ED unch ZB-0.10%           

Market Recap for 05.23.11

Economic Data

Market Activity

Financials+0.16%        

ZB+0.25% ZN+0.17% ZF+0.05% ED-0.01% ZT-0.04%

Grains-0.38%

RS +0.45% RR-0.13% BO-0.42% W-0.43% S-0.47% SM-0.50% C-0.72% O-0.82%

Energies-0.66%

NG+2.32% RB-0.18% ZK-0.67% HO-2.49% CL-2.61%      

Story From Financial Times

Platts Oilblog RE Chinese Demand

Currencies-0.72%

USD+0.93% CD-0.52% JY-0.55% SF-0.74% BP-0.96%        EC-1.06% MP-1.11% AD-1.71%

Forex Report from WSJ

Metals-0.88%

GC+0.56% SI+0.04% PA-0.39% PL-0.85% HG-3.48%        

Gold News from The Financial Times

Indices-1.23% CRB -1.09% VIX +2.77%

YM-0.83% ES-0.94% NQ-1.19% EW-1.32% RJ-1.66%

AP News Story On US Equities

Softs-1.45%

KC +1.31% OJ-0.50% CC-0.83% CT-1.11% LB-3.83% SB-4.02%

Sugar News from China

Market Report for 04.29.11

CFTC COT Reports

Financial Futures COT Report (F + O)

 Commodity Futures COT Report (F + O)

Economic Data

Personal Income and Outlays

Personal Income - M/M change	Prev 0.3 %	Rev 0.4 %	Est 0.4 %	Range 0.2 % to 0.5 %	Act 0.5 %
Personal Income - Yr/Yr change	5.1 %	5.2 %			5.3 %
Consumer Spending - M/M change	0.7 %	0.9 %	0.5 %	0.1 % to 0.7 %	0.6 %
Consumer Spending - Yr/Yr change	4.1 %	4.5 %			4.6 %
Core PCE price index - M/M change	0.2 %		0.1 %	0.1 % to 0.3 %	0.1 %
Core PCE price index - Yr/Yr change	0.9 %				0.9 %

Employment Cost Index

ECI - Q/Q change	0.4 %	0.6 %
ECI - Y/Y change	2.0 %	2.0 %

Chicago PMI

Business Barometer Index - Level

Prev 70.6

Est 68.0

Range 65.0  to 69.1

Act 67.6

Market Activity

Grains+3.29%          

RR+4.85% C+4.29% W+3.53% O+3.24% S+3.15%            BO+3.01% SM+2.70% RS+1.58%

http://www.cmegroup.com/education/market-commentary/ag/2011/04/recap-corn_660.html

Energies+1.80%

ZK+3.59% NG+2.36% RB+1.31% HO+0.88% CL+0.73%

http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Oil/6037991

Metals+1.41%

PA+1.93% PL+1.83%            GC+1.80% SI+0.68% HG-1.64%

http://www.smartmoney.com/investing/economy/6-signs-the-silver-market-has-gone-nuts-1303502720960/?cid=djem_sm_WeekontheStreet_h

Softs+0.98%

CT+3.45% CC+1.80% OJ+1.41% LB+1.25% KC+0.25% SB-2.26%

Currencies+0.44%

SF+0.99% CD+0.60% JY+0.53% AD+0.50% MP+0.49% BP+0.38% EC+0.05%  USD-0.22%

Indices+0.39%

RJ +0.45% YM+0.30% EW+0.26%   ES+0.20% NQ+0.15%

http://www.smartmoney.com/investing/stocks/market-update-friday-apr-29-2011-27248/?cid=djem_sm_dailyviews_h

Financials+0.14%

ZB+0.31% ZN+0.19% ZF+0.12% ZT +0.02% ED unch

http://www.marketwatch.com/column/bond-report