Sold Eur 1.465 bln of Aug 16 2012 T Bills , yield 0.201% (from 0.179%), cover 3.97 (from 2.62) Sold Eur 1.925 bln of May 16 2013 T Bills, yield 0.627 % (from 0.734%), cover 2.36 (from 2.32) Strong cover and … Continue reading
1.2650 or 1.3050. We’re presently at 1.2845. Don’t blame me, Shahani asked for it After getting it wrong last time I’m sulking….. Reasoning always cool, but not obligatory.
including 300 mln in non- competitive bids Yield 4.34% (from 4.2%), Cover 2.32 (from 2.46) Slightly worse yield and cover, but EUR/USD slipping well before results known on sales from Japanese names, and currently trading around 1.2845
Better than median forecasts -0.2% q/q, -0.2% y/y. We kinda knew the data was going to be better than expected though after the earlier release of better than expected German data.
Ughhh Demonstrably weaker than Reuter’s median forecast of 19.0. Down sharply from 23.4 in April. On the flip side, current conditions index 44.1, up from 40.7 in April and better than median forecast of 38.0. ZEW says Greek, French elections … Continue reading
Expected -£8.4 bln, non EU -£4.7 bln March non EU trade balance -£4.109 bln from revised -£ 4.871 in Feb Marginally worse than expected with a small slip in cable, back to 1.6075
Q4 2011 unrevised -0.7% q/q, -0.4% y/y Letting the side down after the better German data, with a 3rd consecutive quarterly decline
Timetable for ESM passage ‘unrealistic’ Party will need to decide whether backs fiscal pact depending on what growth measures added
Reuters reporting. Good show. Euro gives a little sigh of relief and back up at 1.2865.