Recap 1-30-14

Commentary:

Interesting:

http://www.nytimes.com/2014/01/28/sports/football/in-las-vegas-putting-a-lot-on-the-line-for-the-super-bowl.html?_r=0

Notable:

  • US Jobless Claims rose to 348k vs 330k exp and 326k prev. The MLK holiday likely had an impact.
  • Pending Home Sales dropped 8.7% in Dec vs -0.3% exp, likely due to weather

  • Germany CPI declined to 1.2% vs 1.3% exp and prev
  • EU Loan Officer Survey showed some small improvement, although not yet in expansionary territory:

  • China HSBC manufacturing PMI was 49.5 versus 49.6 expected.
  • Japan retail sales declined 1.1% m/m versus +0.3% expected. Year-over-year sales were +2.6% versus +3.8% expected.

Upcoming Data:

  • Thu: Japan PMI, CPI
  • Fri: Month End, Japan Housing Starts, EU Employment, CPI, CanadaGDP, US Personal Income, PCE Deflator, Chicago PMI, UMichigan Confidence, China PMI
  • Mon: Australia PMI, Building Approvals, China Non-Mfg PMI, EU PMI, US ISM, RBA
  • Tue: UK PMI Construction
  • Wed: EU Services PMI, US ADP, CanadaBuilding Permits, ISM Non-Mfg, Australia Retail Sales,
Advertisements