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Wednesday, August 7, 2013

Daily Market Color 06/13/2013

Daily Market Color
06/13/2013

Economic Reports & Headlines
Jobless claims in the US came in at 334k, which was lower than the previous reading and Econoday’s consensus.

Retail sales for May in the US rose 60bps points on a month over month basis. This reading was better than April’s reading. It also exceeded expectations, relative to Econoday’s consensus.

Import and export prices in the US declined in May. Import prices dropped 60bps month over month. Export prices dropped 50bps month over month.


US Business inventories rose 30bps month over month in April.

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