G7 POLITICAL, ECONOMIC CALENDAR

2350  JPN  Q3       2nd Preliminary Quarterly GDP Estimates

                       Real GDP, Y/Y%                                     -0.3%

                       Real GDP, Annualized                               -1.2%

                       Nominal GDP, Q/Q%                                  +0.1%

                       Consumption, Q/Q%                                  -0.7%

                       Capex, Q/Q%                                        -0.9%

                       Domestic Dem-Pct Pts Contrib To Growth             +0%

                       External Dem-Pct Pts Contrib To Growth             -0.3%

                       Inv-Pcts PtsContrib To Growth                      +0.3%

                       Public Investment, Q/Q%                            +2.1%

                       GDP Deflator, Y/Y%                                 +1.5%

2350  JPN  Nov      Provisional Trade Statistics for 1st 20 days of Month

N/A   EU            Eurogroup Meeting of eurozone finance ministers

Tuesday, December 8, 2015                                      Exp        Prev

 GMT

0001  UK   Q1       Manpower UK Employment Outlook Survey

0001  UK   Nov      BRC-KPMG Retail Sales Monitor

                       Same-Store Sales, Y/Y%                             -0.2%

                       Total Sales, Y/Y%                                  +0.9%

0500  JPN  Nov      Economy Watchers Survey

0501  US   Q1       Manpower Quarterly U.S. Employment Outlook Survey

0700  GER  Oct      Manufacturing turnover

0745  FRA  Oct      Foreign trade

0930  UK   Oct      UK monthly industrial production figures

                       Indus Prod, Rolling 3-Mos %Chg                     +0.2%

                       Indus Prod, M/M%                                   -0.2%

                       Indus Prod, Y/Y%                                   +1.1%

                       Mfg Output, Rolling 3-Mos %Chg                     -0.4%

                       Mfg Output, M/M%                                   +0.8%

                       Mfg Output, Y/Y%                                   -0.6%

1000  EU   Q3       GDP 2nd estimate

                       GDP, Q/Q%                                          +0.4%

                       GDP, Y/Y%                                          +1.5%

1100  FRA  Oct      OECD Composite Leading Indicators

1100  US   Nov      NFIB Index of Small Business Optimism

                       Small Business Idx                                 96.1

1245  US            The Retail Economist/Goldman Sachs Weekly Chain Store Sales

                    Index

                       Chain Store Sales, W/W%

                       Chain Store Sales, M/M%

1315  CAN  Nov      Housing Starts

                       Annual Rate                                        198065

                       Housing Starts, M/M%                               -14.4%

1330  CAN  Oct      Building permits

                       Building Permits, M/M%                             -6.7%

1355  US            Johnson Redbook Retail Sales Index

                       Ret Sales Mo-to-Date, M/M%

                       Ret Sales Mo-to-Date, Y/Y%

                       Latest Wk, Y/Y%

1500  US   Dec      IBD/TIPP Economic Optimism Index

                       Economic Optimism Idx                              45.5

                       6-Mo Economic Outlook                              41.5

1500  US   Oct      Job Openings & Labor Turnover Survey

1500  US            ISM Semiannual Report On Business & Economic Forecast

1500  UK   Nov      NIESR Monthly GDP Estimates

1810  CAN           Bank of Canada Governor Stephen Poloz speech at the Empire

                    Club of Canada

2130  US            API Weekly Statistical Bulletin

                       Crude Stocks, Net Chg (Bbls)

                       Gasoline Stocks, Net Chg (Bbls)

                       Distillate Stocks, Net Chg (Bbls)

                       Refinery Runs

2350  JPN  Oct      Orders Received for Machinery

                       Core Orders, M/M%                                  +7.5%

                       Core Orders, Y/Y%                                  -1.7%

2350  JPN  Nov      Money Stock, Broadly-defined Liquidity

N/A   FRA           OECD Pension Markets in Focus report launch

N/A   ITA           Italy: Immaculate Conception Day

N/A   EU            ECOFIN meeting of EU finance ministers 

Singapore Dollar Lower Late

                     Latest   Change
 USD/SGD               1.4090   -0.0030
 Overnight Rate        0.25%    -25 bps
 2-Year Bond Yield     1.18%    -3 bps
 10-Year Bond Yield    2.50%    -1 bps
 2-Year Swap Offer     1.87%    +1 bps
 10-Year Swap Offer    2.83%    -3 bps
 2-10-Year Swap Curve  96 bps   -4 bps
 SINGAPORE--The Singapore dollar continued to weaken against the U.S. dollar in late Asia trading on Tuesday as most investors stayed on the sidelines.

Late in Asia, the U.S. dollar was quoted at S$1.4090, compared with S$1.4120 around the same time Monday.

In a note to clients, OCBC said for U.S. Federal Reserve-specific cues, the market will look toward Janet Yellen's testimony at U.S. Joint Economic Committee on Thursday.

"Broad dollar strength at this juncture is less than universal and USD-SGD may remain trapped in a range," OCBC said in its note.

Singapore government bond yields fell, implying a rise in prices. Yields on the benchmark 10-year bond fell 0.01 percentage point to 2.50%, while the two-year bond yield dropped 0.03 percentage point to 1.18%.

 Write to P.R. Venkat at venkat.pr@dowjones.com

CHINA JOINS WORLD'S ELITE CURRENCY CLUB

By Ian Talley

China notched an economic milestone Monday, with the International Monetary Fund adding the yuan to its elite basket of reserve currencies, a move designed to spur greater liberalization in the world's No. 2 economy.

The decision -- effective next October -- confers international status on China's currency as the government starts to ease restrictions on its rigidly controlled exchange-rate and financial system. It also marks the start of a potentially more perilous course for China. A more freely traded yuan and open markets, down the road, could add volatility to China's trade picture and raise the risk of capital flight.

The IMF's decision will eventually put the yuan alongside the dollar, euro, pound and yen in the fund's reserve-currency basket, with the IMF giving more weight to China's currency than to either the yen or pound.

But while the decision is a boost for China's national self-esteem, itisn't likely to drive a huge surge in yuan buying. Nor is there much threat the yuan will soon displace the dollar as the world's pre-eminent reserve currency, especially given China's many political and economic challenges.

"This inclusion is clearly an important milestone in a journey . . . that will include certainly more reforms," IMF Managing DirectorChristine Lagardesaid after the board approved the yuan's inclusion.

Anointing the yuan as a reserve currency is in part a simple acknowledgment of China's economic heft: The country now accounts for more than 15% of the global gross economic output, nearly triple what it was a decade ago.

And for the Chinese, the yuan's higher status is part of a larger strategy to boost the country's economic leverage. The government has ramped up lending to foreign governments, greatly expanded trade settled in yuan and created emergency credit facilities for other governments. Earlier this year, it launched the Asian Infrastructure Investment Bank, an institution analysts say was designed in part to rival the Washington-based World Bank.

Still, inclusion of the yuan in the IMF basket is in large part symbolic. The IMF uses the reserve basket to denominate its emergency loans, not to create an internationally traded asset.

Whether the yuan is embraced by central banks as a reserve currency will hinge on Beijing's success in deepening its financial system and adding far greater transparency to the inner workings of its economy.

Over the past year, Beijing has rolled out a series of policies -- including freer interest rates and easier foreign investor access -- to meet the IMF's criteria for yuan inclusion in the IMF's Special Drawing Right lending basket.

IMF staff say the yuan easily met the first measure: The currency must be issued by a major exporter. But IMF economists in August questioned whether the currency met the second benchmark of being "freely tradable."

Beijing authorities subsequently rolled out several more financial-sector overhauls, including a devaluation that the authorities said was intended to make the yuan's value more market based.

U.S. officials privately question the yuan's ripeness for reserve-currency status but also see the step as aiding efforts by reformers within the People's Bank of China to liberalize the country's economy. The U.S. Treasury issued a short two-line statement saying it supported the IMF staff recommendation to include the yuan.

After the IMF's announcement, China's central bank pledged to accelerate efforts to overhaul the country's financial system, further open its markets and keep the yuan largely stable.

Inclusion of the yuan "means the international community expects China to play a more active role in global economy and finance," the People's Bank of China said. "China will speed up the effort to promote financial reforms and opening."

Eswar Prasad, a Cornell University economist and former top China hand at the IMF, said the IMF's decision will strengthen the hands of economic reformers but warned of obstacles ahead.

"Domestic opposition to further financial-sector reforms and market-oriented liberalization measures remains fierce, and this decision by itself is unlikely to shift the balance substantially," he said.

The more China opens up its markets, the more it exposes its economy to the risk of capital flowing out. If China were to open up its markets more broadly, cooling growth prospects could turn such investor exodus into a stampede of cash out of the country, as many emerging markets have experienced in recent months.

Some fund watchers also say that support in the international community for the move is partly political consolation for the failure of the IMF to overhaul the lending institution's governance structure to give China and other emerging-market nations more of a vote in line with their evolving economic heft in the world.

The decision by U.S. lawmakers to repeatedly reject ratification of a governance deal is a sore point for China and other developing powers. They say that snub by the shareholder-run IMF is prompting them to create their own international economic institutions. Awarding Beijing's currency reserve status is designed in part to encourage China's government to greater international political and economic responsibility.

Several U.S. lawmakers who have long castigated China for its currency policy criticized the IMF's decision.

"This decision does nothing but validate China's history of cheating on its currency," said Sen. Bob Casey (D., Pa.). Sen. Charles Schumer, (D., N.Y.), said "the IMF is choosing to reward China's currency manipulation instead of combating it."

Failure to win IMF reserve-currency status would have also been an embarrassment for China's leadership as it takes over the rotating presidency of the Group of 20 major economies next year. 

U.S. STOCKS INCH HIGHER NOVEMBER

By Saumya Vaishampayan And Julie Wernau

Health-care shares helped U.S. stock indexes edge higher on Wednesday, the last full trading day of the week.

The Dow Jones Industrial Average rose 21 points, or 0.1%, to 17832. The S&P 500 rose 0.1% and the Nasdaq Composite gained 0.4%.

The U.S. stock market is closed Thursday for Thanksgiving Day and will close early on Friday.

Shares of Pfizer Inc. climbed 3.4% to $33.06, adding 7 points to the Dow as investors continued to digest the announcement that Pfizer and Allergan PLC had hatched a deal to combine in a $155 billion merger. Investors largely shrugged off news that Pfizer drug Lyrica had failed to reduce pain for sufferers of chronic nerve pain.

Consumer-discretionary stocks showed modest gains, up 0.3% as higher employment rates continued to translate into lackluster consumer spending.

"The data is relatively mixed," said Krishna Memani, chief investment officers at OppenheimerFunds. "I think people are happy that they have a job, but they are not happy enough or secure enough to go out and spend a lot."

Initial jobless claims fell by 12,000 to 260,000 in the week ended Nov. 21, the Labor Department said, a healthy signal for the labor market. Economists surveyed by The Wall Street Journal had expected 270,000 new claims. The report was released a day earlier than normal due to the Thanksgiving holiday.

Separately, consumer spending rose just slightly in October while Americans stepped up their savings. Spending inched up 0.1% in October from a month earlier, the Commerce Department said. Economists had expected a 0.3% increase in spending last month.

Dan Farley, regional investment strategist at U.S. Bank, which is overweight consumer discretionary stocks in relation to its benchmarks, said consumers may be spending less on retail but are spending more on "experiences," such as travel and home improvement.

"When you look forward to holiday sales, the data is murky," he said. "There's a lot of fire power there should the consumer want to turn around and spend."

The Stoxx Europe 600 gained 1.4%, retracing losses on Tuesday that followed reports that the Turkish military shot down a Russian jet fighter along the Syrian border.

Investors are looking past geopolitical tensions to focus on the prospect of further monetary stimulus--also known as quantitative easing, or QE--at the European Central Bank's meeting next week. Loose monetary policy has boosted stocks around the world in recent years.

"There is a strong likelihood the ECB is going to expand the QE package" and cut interest rates further, said Mike Bell, global market strategist at J.P. Morgan Asset Management, adding this should boost European stocks heading into year-end.

At the same time, investors continued to parse economic data and speeches from policy makers for clues on whether the Federal Reserve will raise interest rates in December for the first time in nearly a decade. Fed officials focus on employment and inflation data as they decide when to raise rates.

Inflation as measured by the price index for personal consumption expenditures, the Fed's preferred gauge, remained below the central bank's 2% annual target for the 42nd month in a row.

Still, many investors say the U.S. economy has recovered enough for the central bank to begin lifting short-term rates.

"We continue to believe there's enough growth out there that we don't need emergency-level monetary policy," said Hank Smith, chief investment officer at Haverford Trust, which manages $6.5 billion in assets.

Mr. Smith emphasized, however, that the central bank is likely to raise rates slowly, leaving monetary policy easy "for the foreseeable future." That's good for stocks, he added.

Mr. Smith said he bought shares of Exxon Mobil and Chevron in September after a pullback in the energy sector. "Oil is not going to stay low forever," he added.

In commodity markets, U.S. crude-oil futures fell 0.8% to $42.52 a barrel. Gold prices fell 0.4% to $1,069.20 an ounce.

The yield on the 10-year Treasury note slipped to 2.237% from 2.243% on Tuesday. Yields fall as prices rise.

The euro fell against the dollar Wednesday on renewed expectations that quantitative easing could be more expansive. The euro was last at $1.0631, down 0.2% on the day. Easy-money policies tend to reduce the attractiveness of a currency to investors and boost government bonds prices.

Asian markets slipped slightly. The Nikkei Stock Average fell 0.4%, while Australia's S&P/ASX 200 fell 0.6%. Hong Kong's Hang Seng Index was 0.4% lower, but the Shanghai Composite Index rose 0.9%.

Write to Saumya Vaishampayan at saumya.vaishampayan@wsj.com and Julie Wernau at Julie.Wernau@wsj.com 

U.S. Consumer Sentiment Slips In November

By Anna Louie Sussman

U.S. consumer confidence slipped at the end of November, suggesting retailers could face a challenging holiday season.

The University of Michigan final consumer sentiment index for November fell to 91.3 from a midmonth reading of 93.1. It was an increase from October's final reading of 90.0. Economists surveyed by The Wall Street Journal had predicted the final November index would edge down slightly to 93.0.

Consumer sentiment is still near the past six months' average of 91.6, but Americans' spending habits haven't matched their rosy outlook. After more than a year of low gas prices and steady job creation, many areas of the retail market remain lackluster.

Wages have been slow to rise, and prices of necessities like medical care and shelter are climbing, eating up larger shares of workers' paychecks. Consumer sentiment is also sensitive to market gyrations: a tumbling stock market pushed the index to a 2015 low of 87.2 in September after reaching 96.1 in June.

"The data indicate that consumers have become increasingly aware of economic cross currents in the domestic as well as the global economy," said Richard Curtin, the survey's chief economist.

A report from the Commerce Department released Wednesday showed U.S. consumers ratcheted up savings rather than spending in October. The personal saving rate climbed to 5.6% in October, the highest level since December 2012.

The slight advance from October's final reading was entirely due to lower income households, Mr. Curtin said. Households at the higher end of the income spectrum are more exposed to financial markets.

"Households with incomes in the top third of the distribution, who account for more than half of all spending, expressed a more cautious optimism," he said, reflecting "somewhat weaker personal financial prospects."

Still, the reading of 91.3 was 2.8% higher from November a year ago.

The expected change in inflation rates edged back up to 2.7% from a midmonth reading of 2.5%, which had been the lowest reading since January. Consumers said they expect inflation of 2.6% over the next five years.

Another gauge of consumer sentiment compiled by The Conference Board plunged to its lowest level in more than a year, the private research group said Tuesday.

That dive, combined with a fall in the "future expectations" component of the University of Michigan index, could portend a downward trajectory for consumer sentiment going forward.

"We see some risks for the Michigan index to drift lower over the next few months as the rising geopolitical tensions and fallout from the terrorist Paris attacks sap domestic consumer confidence," said Millan Mulraine, an economist at TD Securities USA, in a note to clients.

Consumer spending accounts for roughly two-thirds of overall economic output in the U.S. Retailers hoping that continued low gasoline prices and a robust job market will unleash spending have so far been disappointed.

Another report released Tuesday by the Commerce Department showed that overall consumer spending increased at a 3% rate in the third quarter, down from the second quarter's 3.6% pace. The recent gain was led by strong spending on long-lasting goods, like automobiles.

U.S. retail sales barely edged up in October after stalling for two months, the Commerce Department reported earlier this month. Consumer spending at retailers climbed just 1.7% since October 2014, compared with a 4.7% annual increase the year before, even though Americans have enjoyed cheap gasoline for more than a year.

"If consumers are not happy and healthy out in the marketplace spending on goods and services, particularly in the key holiday spending season, there is very little hope for sustaining the current status quo, let alone optimism to anticipate additional momentum from the U.S. economy in the near-term," said Lindsey Piegza, chief economist at Stifel Economics, in a note to clients.

Wal-Mart Stores Inc.'s sales edged up slightly in the third quarter, but over half of its sales are groceries. Home Depot Inc. also had a strong third quarter, but retailers like Macy's Inc., Nordstrom Inc., and Dick's Sporting Goods reported weak third-quarter results.

The National Retail Federation predicts holiday sales will rise 3.7%, only slightly less than last year's 4.1% gain.

Write to Anna Louie Sussman at anna.sussman@wsj.com

U.S. NEW HOME SALES

Seasonally adjusted levels (except actual level, which is not

seasonally adjusted) and percent changes for houses sold by region

in thousands during period. Prices in millions of dollars. Previous

months are subject to revision. A-denotes ratio of houses for sale

to houses sold. Source: U.S. Commerce Department.

                                         Month

Month/                                   supplyActual        Median Average

Year   Total% chg    NE    MW South  West rate/ Total % chg   Price   Price

-2015-

 Oct     495 10.7    40    60   281   114   5.5    41  20.6   281.5   366.0

 Sep     447-12.9    17    57   258   115   6.0    34 -19.0   307.8   369.6

 Aug     513  2.6    32    59   297   125   5.1    42  -2.3   294.6   345.3

 Jul     500  6.6    28    62   286   124   5.2    43  -2.3   296.0   341.9

 Jun     469 -8.6    26    59   264   120   5.6    44  -6.4   289.2   329.3

 May     513  1.0    27    60   290   136   4.9    47  -2.1   287.4   340.8

 Apr     508  4.7    13    66   304   125   4.9    48   4.3   292.7   334.7

 Mar     485-11.0    20    58   272   135   5.1    46   2.2   293.4   352.7

 Feb     545  4.6    26    54   328   137   4.5    45  15.4   293.9   355.9

 Jan     521  5.3    15    65   296   145   4.8    39  11.4   292.0   356.0

-2014-

 Dec     495 10.2    31    54   273   137   5.1    35  12.9   302.0   373.5

 Nov     449 -4.9    29    59   232   129   5.6    31 -18.4   302.7   358.8

 Oct     472  2.8    25    63   267   117   5.3    38   2.7   299.4   384.0

 Sep     459  1.1    30    60   253   116   5.5    37   2.8   261.5   319.1

 Aug     454 12.7    29    52   250   123   5.4    36   2.9   291.7   356.2

 Jul     403 -1.2    23    54   228    98   6.1    35  -7.9   280.4   345.2

 Jun     408-10.7    26    53   228   101   5.8    38 -11.6   287.0   338.1

 May     457 11.5    38    75   234   110   5.1    43   0.0   285.6   323.5

 Apr     410  0.0    21    65   231    93   5.6    43   2.4   274.5   325.1

 Mar     410 -1.7    26    57   237    90   5.6    42   2.4   282.3   331.5

 Feb     417 -6.5    21    56   249    91   5.4    41   0.0   268.4   325.9

 Jan     446  1.1    33    51   248   114   5.1    41   2.5   269.8   337.3

-2013-

 Dec     441 -1.1    23    61   252   105   5.1    40   5.3   275.5   321.2

 Nov     446  0.5    31    58   246   111   5.0    38   0.0   277.1   335.6

 Oct     444 11.3    31    64   261    88   4.9    38   2.7   264.3   335.7

 Sep     399  5.0    24    60   222    93   5.5    37   5.7   269.8   321.4

 Aug     380  1.1    31    59   209    81   5.5    35   6.1   255.3   310.8

 Jul     376-18.8    31    53   196    96   5.4    33   6.5   262.2   329.9

 Jun     463  7.7    34    57   255   117   4.1    31   0.0   259.8   306.1

 May     430 -4.7    27    69   236    98   4.5    31   0.0   263.7   314.0

 Apr     451  0.4    31    61   258    98   4.3    31   3.3   279.3   337.0

 Mar     449  2.3    37    62   238   109   4.1    30   0.0   257.5   300.2

 Feb     439 -0.7    36    68   204   134   4.2    30   0.0   265.1   312.5

 Jan     442 10.8    31    57   219   142   4.0    30   7.1   251.5   306.9

-2012-

 Dec     399  1.8    30    48   222    99   4.5    28   0.0   258.3   299.2

 Nov     392  9.5    32    44   221    95   4.6    28  -3.4   245.0   290.7

 Oct     358 -7.0    25    51   175   107   4.9    29  -3.3   247.2   285.4

 Sep     385  2.7    37    35   214    99   4.5    30  -3.2   254.6   297.7

 Aug     375  1.6    27    54   187   107   4.6    31  -6.1   253.2   305.5

 Jul     369  2.5    31    56   180   102   4.6    33  -2.9   237.4   282.3

 Jun     360 -2.7    16    49   188   107   4.8    34  -2.9   232.6   271.8

 May     370  4.5    36    45   191    98   4.7    35   2.9   239.2   280.9

 Apr     354  0.0    29    49   181    95   4.9    34   0.0   236.4   287.9

 Mar     354 -3.3    32    42   200    80   4.9    34  13.3   239.8   283.6

 Feb     366  9.3    27    50   196    93   4.8    30  30.4   239.9   274.0

 Jan     335 -1.8    24    44   190    77   5.3    23  -4.2   221.7   265.7

-2011-

 Dec     341  4.0    20    58   178    85   5.3    24   4.3   218.6   262.9

 Nov     328  3.8    16    54   182    76   5.7    23  -8.0   214.3   250.0

 Oct     316  3.9    19    50   165    82   6.0    25   4.2   224.8   258.3

 Sep     304  1.7    19    48   170    67   6.3    24  -4.0   217.0   255.4

 Aug     299  1.0    24    48   163    64   6.5    25  -7.4   219.6   259.3

 Jul     296 -1.7    23    44   167    62   6.7    27  -3.6   229.9   270.3

 Jun     301 -1.3    16    46   170    69   6.6    28   0.0   240.2   273.1

 May     305 -1.6    18    41   173    73   6.6    28  -6.7   222.0   262.7

 Apr     310  3.3    25    41   166    78   6.7    30   7.1   224.7   268.9

 Mar     300 11.1    23    40   164    73   7.2    28  27.3   220.5   260.8

 Feb     270-12.1    18    30   162    60   8.1    22   4.8   220.1   262.8

 Jan     307 -5.8    33    42   158    74   7.3    21  -8.7   240.1   275.7

-2010-

 Dec     326 13.6    22    36   168   100   7.0    23  15.0   241.2   291.7

 Nov     287 -1.4    22    34   162    69   8.2    20 -13.0   219.6   281.7

 Oct     291 -8.2    31    39   172    49   8.2    23  -8.0   204.2   254.4

 Sep     317 12.4    36    50   162    69   7.6    25   8.7   228.0   270.8

 Aug     282 -0.4    30    31   153    68   8.8    23 -11.5   226.6   268.8

 Jul     283 -7.2    28    43   167    45   8.9    26  -7.1   212.1   252.1

 Jun     305  8.9    34    45   170    56   8.3    28   7.7   219.5   256.7

 May     280-33.6    28    41   149    62   9.3    26 -36.6   230.5   281.1

 Apr     422 10.8    34    55   231   102   6.2    41  13.9   208.3   270.5

 Mar     381 13.4    32    55   199    95   7.1    36  33.3   224.8   262.9

 Feb     336 -2.9    31    51   166    88   8.3    27  12.5   221.9   284.1

 Jan     346 -1.7    40    54   171    80   8.1    24   0.0   218.2   283.4

-2009-

 Dec     352 -6.1    39    50   182    81   8.0    24  -7.7   222.6   278.3

 Nov     375 -5.3    33    73   191    78   7.6    26 -21.2   218.8   274.7

 Oct     396  2.6    32    54   215    95   7.4    33  10.0   215.1   263.8

 Sep     386 -7.7    35    63   192    96   7.8    30 -16.7   216.6   290.3

 Aug     418  1.7    36    56   218   108   7.5    36  -5.3   207.1   257.8

 Jul     411  4.6    42    57   215    97   7.9    38   2.7   214.2   271.1

 Jun     393  4.5    34    58   195   106   8.5    37   8.8   214.7   274.8

 May     376 11.6    26    50   210    90   9.3    34   6.3   222.3   274.6

 Apr     337 -0.6    20    39   201    77  10.7    32   3.2   219.2   269.8

 Mar     339 -8.9    21    45   198    75  11.0    31   6.9   205.1   259.8

 Feb     372 10.7    31    53   217    71  10.5    29  20.8   209.7   258.6

 Jan     336-10.9    28    52   186    70  12.2    24  -7.7   208.6   245.2

-2008-

 Dec     377 -3.1    30    60   192    95  11.2    26  -3.7   229.6   263.1

 Nov     389 -1.0    39    54   207    89  11.4    27 -15.6   221.6   290.1

 Oct     393 -9.2    35    64   210    84  11.6    32  -8.6   213.2   274.0

 Sep     433 -0.5    25    62   246   100  10.9    35  -7.9   225.2   287.1

 Aug     435 -8.8    28    71   246    90  11.3    38 -11.6   221.0   265.5

 Jul     477 -2.1    39    65   257   116  10.5    43  -4.4   237.3   301.9

 Jun     487 -3.4    34    68   274   111  10.7    45  -8.2   234.3   299.4

 May     504 -6.0    31    73   286   114  10.7    49   0.0   229.3   298.2

 Apr     536  0.2    40    82   287   127  10.3    49   0.0   246.4   314.3

 Mar     535 -9.8    30    75   306   124  10.5    49   2.1   229.3   287.6

 Feb     593 -5.4    43    79   324   147   9.7    48   9.1   245.3   301.2

 Jan     627  1.3    50    78   342   157   9.3    44   0.0   232.4   284.6

-2007-

 Dec     619 -3.4    54    76   354   135   9.6    44  -2.2   227.7   284.0

 Nov     641-11.8    52    90   349   150   9.4    45 -21.1   249.1   316.8

 Oct     727  6.0    62   127   386   152   8.5    57   7.5   234.3   310.1

 Sep     686 -1.9    63   102   350   171   9.2    53 -11.7   240.3   292.2

 Aug     699-10.2    59   118   362   160   9.2    60 -11.8   236.5   301.3

 Jul     778 -1.9    48   105   415   210   8.3    68  -6.8   246.2   307.1

 Jun     793 -5.8    65   113   440   175   8.2    73  -7.6   235.5   306.5

 May     842 -5.1    83   139   420   200   7.8    79  -4.8   245.0   309.7

 Apr     887  6.5    85   121   475   206   7.4    83   3.8   242.5   311.7

 Mar     833  0.6    88   130   413   202   7.9    80  17.6   262.6   329.4

 Feb     828 -7.1    50   128   445   205   7.9    68   3.0   250.8   321.5

 Jan     891-10.7    60   165   496   170   7.2    66  -7.0   254.4   314.6

-2006-

 Dec     998 -0.5    73   166   510   249   6.5    71   0.0   244.7   301.9

 Nov   1,003  6.6    66   155   545   237   6.6    71  -4.1   240.1   291.8

 Oct     941 -7.4    38   136   517   250   7.3    74  -7.5   250.4   306.8

 Sep   1,016 -1.8    62   141   562   251   6.7    80  -9.1   226.7   296.2

 Aug   1,035  7.3    88   152   577   218   6.7    88   6.0   243.9   317.3

 Jul     965-10.1    63   140   499   263   7.3    83 -15.3   238.1   311.3

 Jun   1,074 -1.1    63   172   561   278   6.3    98  -3.9   243.2   305.0

 May   1,086 -3.3    65   177   581   263   6.2   102   2.0   238.2   293.9

 Apr   1,123  0.6    56   168   609   290   6.3   100  -7.4   257.0   310.3

 Mar   1,116  5.2    59   168   584   305   5.9   108  22.7   238.8   298.8

 Feb   1,061 -9.6    65   187   562   247   6.1    88  -1.1   250.8   307.9

 Jan   1,174 -5.2    65   174   600   335   5.3    89   2.3   244.9   301.0

-2005-

 Dec   1,239  2.1    69   201   644   325   4.9    87   1.2   238.6   290.2

 Nov   1,214 -9.1    85   171   636   322   5.0    86 -18.1   237.9   294.4

 Oct   1,336  7.4    78   186   668   404   4.5   105   6.1   243.9   293.6

 Sep   1,244 -0.9    62   215   643   324   4.7    99 -10.0   240.4   299.6

 Aug   1,255 -9.6    80   195   628   352   4.5   110  -6.0   240.1   295.0

 Jul   1,389  9.0   100   208   645   436   4.2   117   1.7   229.2   289.3