EIA, NY Empire, Import Export Prices, Net Foreign Purchases

EIA Crude +4.8M barrels, gasoline -900K, distillates -3.9M. Showing crude inventories at a 7 year high. However, further draw down in finished product with higher weekly demand.

Feb Export Prices unchanged vs prior +0.7%. Import Prices ex energy -0.5% vs prior +1.4%, a large drop led by falling energy prices.

Inside the number: YOY import prices +7.4% vs prior +8.9%. YOY export prices +2.6%
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NY Empire State @ 31.2 vs revised prior 21. Inside the number: a large jump showing sustained expansion with over 40% indicating higher prices paid for inputs.
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Capital Inflows @ $66B vs prior $53.8B. Inside the number: Net foreign purchases of treasury bonds slowed to $4.4B as foreigners laid off bonds and went for MBS and equities.

Foreign buying of U.S. equities $21.2 billion vs $9.5 billion in Dec and net purchases of U.S. long-term agency bonds $26.7 billion vs $11.6 billion in Dec.

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