Recap 2015-01-08

Commentary:

None

Notable:

  • US Jobless Claims declined to 294k vs 298k prev
  • AU Building Approvals rose 7.5% YoY vs -3.0% exp and 11.4% prev
  • Central banks and reserve managers are breaking from past practice by showing little appetite to add euros as the currency tumbles. The total amount of reserves held in euros fell 8.1 percent in the third quarter, more than the currency’s 7.8 percent decline in that period against the dollar, according to the most recent figures from the International Monetary Fund.

Upcoming:

  • Thu: China CPI
  • Fri: US Employment, Canada Employment
  • Mon: Japan Eco Watchers Survey, China Trade Bal
  • Tue: UKCPI, US NFIB Survey
  • Wed: French CPI, US Retail Sales, Oil Inventories, Japan Machine Orders, UK RICS House Prices, AU Employment
  • Thu: US Empire Manufacturing, Core PPI, US Jobless Claims, Philly Fed
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