- Economic Report
- 2:00 AM – GfK German Consumer Climate of 8.9 beat the consensus of 8.5
- 3:00 AM – Spanish PPI y/y were better @ -0.4% vs. -0.6%
- 3:00 AM – Austrian Industrial Production (YoY) came at 0.4% vs. 0.8% forecast
- 3:00 AM – Dutch GDP (YoY) were 0.0% vs .-0.5%
- 4:00 AM – Italian Retail Sales (MoM) were 0.4% vs. 0.2% expected
- 4:00 AM – Italian Retail Sales (YoY) beat at 2.6% vs. -0.5% forecast
- 4:10 AM – Taiwanese M2 Money Supply 5.91% vs. 6.24% last month
- 5:00 AM – Italian Consumer Confidence was lower at 105.7 vs. 106.3 forecast
- 5:20 AM – talian 2-Year CTZ Auction was 0.591% vs. 0.786% last month
- 6:00 AM – UK CBI Distributive Trades Survey disappointed at 4 vs. 24 forecast
- 6:30 AM – Indian M3 Money Supply was 13.1% vs. 13.2% previously
- 8:30 AM – US Dore Durable Goods Orders m/m disappointed at -0.1% vs. 0.4% expected
- 8:30 AM – Durable Good Orders m/m -1.0% vs. 0.2%
- 8:30 AM – GDP q/q disappointed at -2.9% vs. -1.7% expected
- 9:45 AM – US Flash Services PMI reading of 61.2 beat the estimates of 58.6
- Net Pickings
- It’s Bad In France
- Tech Billionaire Made in France Seeds Paris Entrepreneurs
- French Growth to Miss Hollande’s Target in 2014, Insee Says
- Norway’s $890 Billion Fund Gears Up to Expand in Real Assets
- U.S. Shouldn’t Weaponize the Mighty Dollar
- 10 laggard stocks that could get a huge M&A premium
- Has the beginning of the end of the bull market begun?
- Short-lived correction threatens overbought market
