Recap 4-03-13

Commentary:

None

Notable:

  • ADP declined to 158k in March vs 200k exp and 198k prev
  • US ISM Non-Mfg declined to 54.4 in March vs 55.5 exp
  • China Services PMI Improved to 55.6 vs 54.5 prev. The HSBC measure improved to 54.3 vs 52.1 prev
  • EU Inflation declined to 1.7% YoY vs 1.6% exp and 1.8% prev

Upcoming Data:

  • Thu: EU Services PMI, BoE, ECB, US Jobless Claims
  • Fri: US Employment, Canada Employment,
  • Mon: Japan Currency Acct, Japan Eco Watchers Survey, BoC Senior Loan Officer Survey, Business Outlook Survey
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