IN-LINE: US Initial Jobless (w/e 19 May): 370K vs 370K est (prev 372k, R+ from 370K) IN-LINE: US Continuing Jobless (w/e 12 May): 3.26m vs 3.25m est (prev 3.289m, R+ from 3.265m) IN-LINE: US Durable Goods Orders (Apr): +0.2% MoM vs +0.2% est (prev -3.7%, R+ from -4.0%) WORSE :US Durable Goods Orders Ex-Transport…
WORSE: UK Q1 Prelim GDP revised down to -0.3% QoQ from 0.2% est/flash WORSE :UK Q1 Prelim GDP revised down to -0.1% YoY from flat est/flash First YoY decline since Q4 2009 Revision driven by sharpest contraction in Construction since Q1 2009 BETTER: UK BBA Mortgage approvals (April) 32438 vs 32,000 est (prev 31,931)…
WORSE: Eurozone PMI Manufacturing (May, prelim) 45.0 vs 46.0 est (prev 45.9) WORSE: Eurozone PMI Services (May Prelim) 46.5 vs 46.7 est (prev 46.9) Understandable after poor French and German Data WORSE: German IFO; Business Climate (May) 106.9 v 109.4 est (prev 109.9); WORSE :German IFO; Currrent Assessment (May) 113 v 117.1 est (prev…
WORSE: German PMI Manufacturing (May, Prelim): 45.0 vs 47.0 est (prev 46.2); Better: German PMI Services (May, Prelim): 52.2 vs 52.0 est (prev 52.2) CFDs & Spread Betting with Accendo Markets