Daily Report
Thursday 31st May 2012
ECONOMIC NEWS
Yesterdays Events
Euro-zone: Concerns about Spains financial system continued to dominate the news yesterday.
German Bunds yields hit new record lows. The Italian 10-yr bond yields reached 6% for the first
time this year. The European Commission warned Greece that further funding will be stopped if
Greece does not improve the implementation of structural reforms, which they signed in March.
US: Pending Home Sales m/m came at -5.5% vs 3.8% in the previous month.
Todays Key Events
Euro-Zone: Euro-zones CPI estimate y/y, Germanys Unemployment Rate, Frances Producer Prices
and Consumer Spending, Italys CPI.
UK: Gfk Consumer Confidence Survey
US: ADP Non-Farm Employment Change, Unemployment Claims, GDP q/q, Chicago PMI
Todays Calendar
Date Time
05/31/2012 00:01
Country
UK
Event
GfK Consumer Confidence Survey
Month
MAY
05/31/2012 00:50
JN
Industrial Production (MoM)
APR P
05/31/2012 00:50
JN
Industrial Production YOY%
05/31/2012 00:50
JN
05/31/2012 00:50
Survey
--
Actual
--
Prior
-31
--
--
--
APR P
--
--
--
Japan Buying Foreign Bonds
May-25
--
--
--
JN
Japan Buying Foreign Stocks
May-25
--
--
--
05/31/2012 00:50
JN
Foreign Buying Japan Bonds
May-25
--
--
--
05/31/2012 00:50
JN
Foreign Buying Japan Stocks
May-25
--
--
--
05/31/2012 02:30
AU
Private Capital Expenditure
1Q
--
--
-0.30%
05/31/2012 02:30
JN
Labor Cash Earnings YoY
APR
--
--
1.30%
05/31/2012 02:30
AU
Private Sector Credit MoM%
APR
--
--
0.40%
05/31/2012 02:30
AU
Private Sector Credit YoY%
APR
--
--
3.40%
05/31/2012 02:30
AU
Building Approvals (MoM)
APR
--
--
7.40%
05/31/2012 02:30
AU
Building Approvals (YoY)
APR
--
--
-15.00%
05/31/2012 05:00
JN
Vehicle Production (YoY)
APR
--
--
143.70%
05/31/2012 06:00
JN
Construction Orders (YoY)
APR
--
--
-0.30%
05/31/2012 06:00
JN
Annualized Housing Starts
APR
--
--
0.848M
05/31/2012 06:00
JN
Housing Starts (YoY)
APR
--
--
5.00%
05/31/2012 07:45
FR
Producer Prices (MoM)
APR
--
--
0.50%
05/31/2012 07:45
FR
Producer Prices (YoY)
APR
--
--
3.70%
05/31/2012 07:45
FR
Consumer Spending (MoM)
APR
--
--
-2.90%
05/31/2012 07:45
FR
Consumer Spending (YoY)
APR
--
--
-2.00%
05/31/2012 08:55
GE
May Unemployment Data Released
by Federal Labor Agency
05/31/2012 08:55
GE
Unemployment Change (000's)
MAY
--
--
19K
05/31/2012 08:55
GE
Unemployment Rate (s.a)
MAY
--
--
6.80%
05/31/2012 10:00
EC
Euro-Zone CPI Estimate (YoY)
MAY
--
--
2.60%
05/31/2012 10:00
IT
CPI (NIC incl. tobacco) (MoM)
MAY P
--
--
--
05/31/2012 10:00
IT
CPI (NIC incl. tobacco) (YoY)
MAY P
--
--
--
05/31/2012 10:00
IT
CPI - EU Harmonized (MoM)
MAY P
--
--
--
05/31/2012 10:00
IT
CPI - EU Harmonized (YoY)
MAY P
--
--
--
05/31/2012 12:30
US
Challenger Job Cuts YoY
MAY
--
--
11.20%
05/31/2012 13:00
US
RBC Consumer Outlook Index
JUN
--
--
47.6
05/31/2012 13:15
US
ADP Employment Change
MAY
--
--
119K
05/31/2012 13:30
CA
Current Account (BOP)
1Q
--
--
-$10.3B
05/31/2012 13:30
US
GDP QoQ (Annualized)
1Q S
--
--
2.20%
05/31/2012 13:30
US
Personal Consumption
1Q S
--
--
2.90%
05/31/2012 13:30
US
GDP Price Index
1Q S
--
--
1.50%
05/31/2012 13:30
US
Core PCE QoQ
1Q S
--
--
2.10%
05/31/2012 13:30
US
Initial Jobless Claims
May-26
--
--
--
05/31/2012 13:30
US
Continuing Claims
May-19
--
--
--
05/31/2012 14:45
US
Chicago Purchasing Manager
MAY
--
--
56.2
05/31/2012 14:45
US
Bloomberg Consumer Comfort
05/31/2012 15:00
US
NAPM-Milwaukee
Bloomberg
May-27
--
--
--
MAY
--
--
52.9