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Tuesday April 23, 2013 - 09:16:58 GMT
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April preliminary PMI data soft. Canadian Retail Sales due
|April preliminary PMI data soft. Canadian Retail Sales due|
23 April 2013 10:00 gmt
CALENDAR- Trends. North America: CA- Retail Sales. US- flash Markit PMI, Richmond Fed, New Homes Sales, 2-yr Auction, API Energy
- HIGH IMPACT ITEMS: CA- Retail Sales, US- flash Markit PMI, New Homes Sales .
- On the whole, EZ PMI data were disappointing led by a big deerioration in the German data, The EURUSD tumbled on the poor German index.
- The flash HSBC index fell to 50.6 from 51.4, just above the sub-50 economic contraction zone. the flash Markit U.S. manufacturing PMI is due early in the U.S. session.
- Another key focus will be the closely-followed German IFO survey Wednesday. The German ZEW survey released in the week just past signaled a weaker outcome.
- U.S. preliminary GDP is due on Friday
||JGB 0.59% -1bp
||Bund 1.21% -5bp
FX Trade Talk: What's moving markets-- Commentary, data. and data charts posted continuously on FOREX FORUM
John M. Bland, an author and a founding partner of Global-View.com, has been a corporate FX consultant for a major N.Y. bank, a forex trader for a major N.Y. institution, and an FX analyst for a blue chip Fed watching service.. John has an MBA in International Finance and an A.B. in Economics from the University of California at Berkeley.
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John M. Bland, MBA
co-founding Partner, Global-View.com
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