And overnight we have these figures;
I post under "Gold" because eventuallllllly some will see.
CHINA; Missed: China's HSBC Final Manufacturing PMI (50.2 actual v. 50.5 expected, 50.5 previous).
JAPAN: Missed: household spending (-4.7% YoY actual v. -3.5% YoY expected)
..............Missed: preliminary industrial production (-1.5% MoM actual v. 0.2% MoM expected)
..............Beat: retail sales (1.2% YoY actual v. 0.4% YoY expected) and average cash earnings (1.4% YoY actual v. 1.1% YoY expected).
UK: ......Missed: Nationwide Home Price Index (-0.2% MoM actual v. 0.6% MoM expected)
.............Missed: Current account deficit (GBP23.1 bln actual v. GBP16.9 bln expected)
.............Beat; Final GDP improved to 0.9% QoQ (0.8% QoQ expected).
Germany. Missed: German unemployment (12K actual v. -2K expected)
..............Beat: Retail sales (2.5% MoM actual v. 0.6% MoM expected
France;.. Beat. Consumer spending (0.7% MoM actual v. -0.2% MoM expected)
Italy;......Beat; Unemployment rate falling to 12.3% (12.6% previous).
Euro: Flash CPI has slowed to 0.3% YoY, the lowest on record.
US;.....Missed; Chicago PMI (60.5 actual v. 61.5 expected, 64.3 previous) ..........Missed: Consumer confidence (86.0 actual v. 92.0 expected, 92.4 previous) ..........Missed; Case-Shiller 20-city Index (6.7% actual v. 7.4% expected),
C'mon Yellen. More money please.
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Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
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