Recap 4-11-12

Main Items:

  • US Import Price growth declined to 3.4% YoY in March as exp vs 5.5% prev.
  • China passenger car sales rose 4.5% in Mar, vs 3.9% exp
  • The Japanese Finance minister said he wants to have within sights an end to deflation by the end of Sept. DJ
  • Firmly support correct decision of CPC Central Committee – People’s Daily


  • Australia Westpac Consumer Confidence Index declined to 94.5 in Apr vs 96.1 prev

Upcoming Data:

  • This Week: China Money Supply Data
  • Thurs: US Jobless Claims, PPI, French CPI, Chinese IP, Retail Sales, GDP
  • Fri: UK PPI Output, US CPI, U Michigan Confidence
  • Mon: US Empire Mfg, Retail Sales, NAHB Housing Mkt Idx
  • Tues: UK CPI, EU CPI, German ZEW, US Housing Starts, BoC