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7.24.2009

Econ data 09 week 30

Global stock market rally in the past 2 weeks thanks to the higher than "expected" 2q09 results delivered by (more than 70%) large corporations.

US
Overall
  • Jun leading indicators up +0.7% from +1.3% in May (better than expect, +0.5%)
House market
  • Jun existing home sales up to 4.89M from 4.72M in May (better than expect, 4.84M)

Job market

  • 07/18 initial jobless claim up to 554k from 524k last week (inline, 557k)

Canada

Consumer market

  • Jun retail sales up 1.2% (inline with expectation)
at 14:55
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