US Data

June 26, 2014 ·      US initial jobless claims came nearly in line at 312k for the week of June with mild revision. ·      Continuing claims rose to 2571k versus 2565k consensus. ·      Personal income and spending figures hit consensus at 0.4%MoM and 0.2%MoM respectively. ·      With the exception of the headline PCE deflator, this data was solid across the board. The MoM… View Article

European equity and bond market closing prices

June 25, 2014 European equities FTSE -1.0% Cac -1.3% Dax -0.7% Ibex -1.2% FTSE Mib -0.8% European bonds Italy 2.85% -3bp Spain 2.64% -1bp Portugal 3.46% flat Germany 1.26% -6bp

US GDP -2.9% vs -1.7% expected

June 25, 2014 Prior -1.0% GDP sales -1.3% vs 0.0% exp. Prior 0.6% Consumer spending 1.0% vs 2.4% exp. Prior 3.1% GDP price index 1.3% vs 1.3% exp. Prior 1.35 Core PCE prices 1.2% vs 1.2% exp. Prior 1.2% PCE prices 1.4% vs 1.4% exp. Prior 1.4% Q1 corporate profits –13.0% vs -13.7% prior

US Open – 25.06.14

June 25, 2014 Good morning, Here are some key news for you prior to the US open. Similar to yesterday, EUR caught a bid as London walked in. After being stuck at 1.3605 for the entire Asian session, EURUSD pushed up to a high of 1.3619 fairly quickly. However, momentum waned almost as fast and spot has drifted… View Article