June E-mini S&Ps (ESM13 +0.06%) this morning are down -0.06%, while European stocks are up +0.37%. Asian stocks closed mostly higher: Japan +2.05%, Hong Kong +0.01%, China -1.42%, Taiwan -0.12%, Australia +0.26%, Singapore +0.01%, South Korea +0.10%, India -0.33%, Turkey +3.50%. Comments late Monday from Atlanta Fed President Lockhart who said the economy isn't strong enough to justify a reduction in bond buying is lending support to global equity markets. Another positive for European stocks was the comments from ECB Executive Board member Coeure who said he sees "positive GDP growth" for the Eurozone by year-end. Commodity prices are mixed. July WTI crude oil (CLN13 -0.62%) is down -0.46%, July gasoline (RBN13 +0.25%) is up +0.19%, July natural gas (NGN13 +0.48%) is down -0.13%, Aug gold (GCQ13 -0.96%) is down -0.81% and July copper (HGN13 +0.26%) is up +0.56%. Agriculture prices are weaker. The dollar index (DXY00 +0.10%) is up +0.02%. EUR/USD (^EURUSD) is up +0.08%. USD/JPY (^USDJPY) is up +0.44%. September 10-year T-note futures prices (ZNU13 +0.01%) are up +3.5 ticks.
Eurozone Apr PPI fell -0.6% m/m, the biggest monthly decline in 3-3/4 years and more than expectations of a -0.2% m/m fall, while prices unexpectedly fell -0.2% y/y, the biggest annual decline in 3 years and more than expectations of unchanged y/y.
UK May PMI construction rose +1.4 to 50.8 as it expanded for the first time in 7 months and was stronger than expectations of +0.4 to 49.8.
Japan Apr labor cash earnings rose +0.3% y/y from a revised -0.9% y/y decline in March, the biggest gain in 13 months.
http://moneymakingaimsee.blogspot.in/index.html
No comments:
Post a Comment