US DATA:

Market news

23 December 2010

US DATA:

Initial jobless claims -3k to 420k, in Dec 18 wk

Nov durables orders -1.3% in a 2nd drop (and down 3 of last 4 mos), ex transport +2.4%, ex defense -2.3%.

Nov Pers Income +0.3%, PCE +0.4%, PCE core prices +0.1% for +0.8% YOY (low since 1960).

Real PCE +0.3% after +0.5% in Oct

Gold has slipped back this morning from earlier highs of $1388.50 through support at $1381 to a low of $1378.70.

CANADA: Oct GDP +0.2% m/m vs Sep -0.1%

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