Recap 12-14-12

Commentary:

None

Notable:

  • PMI:
  1. US Markit Preliminary PMI jumped to 54.2 vs 51.8 exp and 52.4 prev
  2. EU Mfg PMI stable at 46.3 vs 46.6 exp and 46.2 prev
  3. French Mfg PMI stable at 44.6 vs 44.9 exp and 44.5 prev
  4. French Service PMI stable at 46 as exp vs 45.8 prev
  5. German Mfg PMI decreased to 46.3 vs 47.3 exp and 46.8 prev
  6. German Services PMI improved to 52.1 vs 50 exp and 49.7 prev
  7. China HSBC Mfg PMI improved to 50.9 vs 50.8 exp and 50.5 prev

Upcoming Data:

  • Sun: Japan Election
  • Mon: RBA Minutes,
  • Tue: US NAHB Index, Japan Trade Balance
  • Wed: German IFO, BoE Minutes, US Housing Starts,
  • Thu: US Jobless Claims, Philly Fed, Existing Home Sales
  • Fri: Quadruple Witching, Canada CPI, US Durable Goods Orders,
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