Daily
Market Color
07/24/2013
Economic
Reports & Headlines
There is an abundance of Flash
PMIs being released today. Below you could find the PMIs vs the consensus for
each report:
France: Mfg 49.8 Vs 48.6, Service
48.3 Vs 47.5
Germany: Mfg 50.3 Vs 49.0,
Service 52.5 Vs 50.6
Eurozone: Mfg 50.1 Vs 49.0,
Service 49.6 Vs 48.6
US: 53.2 Vs 52.8
Retail sales in Italy for May
came in lower than expected on a monthly basis, 10bps Vs 40bps.
On the domestic front in the US,
New Home Sales came in better than expected for June, 497k Vs 481k.
The Reserve Bank of New Zealand
released their monetary policy announcement and it was in line with economists’
expectations. The bank left their key rate unchanged. Annual inflation in the
country is 70bps which is 30bps below the target range of 100bps – 300bps.
No comments:
Post a Comment