Recap 7-9-12

Main Items:

  • Alcoa kicks off earnings season tonight

Overseas:

  • EU Sentix Investor Confidence declined to -29.6 in July vs -26.6 exp and -28.9 prev
  • China CPI dropped to 2.2% YoY in June vs 2.3% exp and 3.0% prev.
  • Japan Eco Watchers Outlook Survey declined to 45.7 in June vs 48.1 prev
  • Japan Adjusted Current Account declined to 282bn in May vs 401bn exp and 289bn prev. Trade Balance was inline at -848bn
  • Swiss Unemployment declined to 2.9% in June vs 3.2% exp and Prev

Upcoming Data:

  • Mon: AU NAB Business Confidence, China Trade Bal
  • Tues: US NFIB Small Business Optimism, Jolts Job Openings
  • Wed: FOMC Minutes, AU Employment,
  • Thurs: BoJ, US Jobless Claims, China IP, GDP, Retail Sales

Commentary & Links:

None

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