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Wednesday, August 7, 2013

Daily Market Color 06/18/2013

Daily Market Color
06/18/2013

Economic Reports & Headlines
The FOMC began their two day policy meeting. Further more in the states, consumer prices for May rose 10bps on a month over month basis.

Housing starts for April came in at 914k vs April’s reading of 853k.

Overseas in the UK, consumer prices rose in May by 20bps and 270 bps on a monthly and annual basis, respectively.


Japanese trade deficit in May was 993.9bn Yen. It was less than expected relative the Econoday’s forecast. 

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