United States Core Personal Consumption Expenditures - Price Index (YoY) in line with forecasts (3.4%) in May
United States Durable Goods Orders ex Transportation above expectations (0.6%) in May: Actual (1.3%)
United States Initial Jobless Claims 4-week average increased to 224.25K in June 19 from previous 223.25K
United States Chicago Fed National Activity Index : -0.1 (May) vs previous 0.14
United States Initial Jobless Claims registered at 215K, below expectations (225K) in June 19
ING’s Frantisek Taborsky warns that a stronger Dollar and lingering Fed hike risks are pressuring Central and Eastern European currencies. Weaker FX raises inflation concerns for open CEE economies just as higher Oil and food prices loom.
ABN AMRO’s Georgette Boele flags that speculative positioning in the Japanese Yen is very stretched, with large net shorts coinciding with USD/JPY trading near levels last seen in 1986.
DBS Group Research economist Sherilyn Chew analyses Indian government bond performance after the Reserve Bank of India’s (RBI) June 5 capital flow liberalisation.
Brazil Mid-month Inflation below forecasts (0.44%) in June: Actual (0.41%)
Mexico Jobless Rate above forecasts (2.6%) in May: Actual (2.8%)
Izidor Flajsman at TD Securities analyses past US equity ‘lost decades’ and finds that headline indices delivered flat to negative real returns, while Small Cap, Value, Energy and Non-Durables outperformed.
Mexico Jobless Rate s.a rose from previous 2.6% to 2.7% in May
