Recap 2-13-14

Commentary:

None.

Notable:

  • US Retail Sales declined -0.4% in Jan vs 0.0% exp. The previous +0.2% was also revised lower to -0.1%. The core measure declined -0.3% vs +0.2% exp and the previous +0.7% was revised down to +0.3%.
  • US Jobless Claims rose to 339k last week vs 330k exp and 331k prev
  • Australia Employment declined to -3.7K vs +15k exp and -22.6K prev. This took the unemployment rate up to 6.0% vs 5.9% exp and 5.8% prev
  • Australia Inflation Exp was stable at 2.3% as exp
  • UK RICS House Price Balance declined to 53 vs 58 exp and 56 prev

Upcoming Data:

  • Fri: EU GDP, UMichigan Confidence
  • Mon: US Holiday, Japan GDP, IP, RBA Minutes
  • Tue: BoJ, UK CPI, German Zew, Turkey Central Bank, US Empire Mfg, NAHB
  • Wed: BoE Minutes, UK Employment, US Housing Starts, PPI, FOMC Minutes, China Flash Mfg PMI
  • Thu: EU PMI, US CPI, Jobless Claims, Markit PMI, Philly Fed, EU Consumer Confidence, BoJ January Minutes,
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