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Wednesday, August 7, 2013

Daily Market Color 07/11/2013

Daily Market Color
07/11/2013

Economic Reports & Headlines
Consumer prices in France increased 20 basis points on a monthly basis versus consensus of 10 basis points in June. On a year over year basis prices in the wine rich country increased  90 basis points versus consensus of 80 basis points.

On the domestic front, US jobless claims came in higher than consensus, thus missing estimates, 360k Vs 337k.


Import and export prices for June were virtually flat for the month. Emport prices were in line with Econoday’s consensus declining 10 basis points on a monthly basis. Import prices missed consensus, -20bps Vs 10bps.

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