May econ sent index down to 105.5; April…

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• EMU DATA: May econ sent index down to 105.5; April…
• EMU DATA: May business climate index +0.99, April EU.
• More on Dexia…
• DEXIA shares suspended
• EUR/USD Attracts leveraged sellers
• Fitch revises Japan’s outlook to negative
• Cable stops
• Euro, cable flows
• Eurozone M3 Growth Slows To Three-Month Low In April
• Cable seller?
• MNI Survey: Japan Apr Jobless Rate Seen 4.7% Vs Mar 4.6%
• MNI Survey: Japan Apr Industrial Output Seen +2.2% M/M
• Germany: Hesse May CPI -0.2% M/M; Brandenburg -0.1% M/M
• German CPI’s fall
• Germany Seeks Bids On E3 Bln New 12-Mon Bubills; Sale May 30
• Zzzzzzz
• Funds buy Euro n ozz
• Correct: Japan Apr CPI Posts 1st Y/Y Rise in 28 Months
• Bit of Yen flow..
• Germany: Saxony May CPI -0.1% M/M; Below Pan-German Forecast

EMU DATA: May econ sent index down to 105.5; April… Posted: EMU DATA: May econ sent index down to 105.5; April rev 106.1 (106.2): EU Commission – EMU May econ sentiment below MNI survey fcast median (105.6) – EMU May consumer confidence up to -9.8, above expected (-12) – EMU May industry confidence down to +3.9, below expected (+5) – EMU May services confidence down to [...]

EMU DATA: May business climate index +0.99, April EU. Posted: EMU DATA: May business climate index +0.99, April unrevised +1.28: EU Commission — For more information, please see MNI MainWire

More on Dexia… Posted: For more details have a look at http://www.zerohedge.com/article/belgiums-dexia-about-be-first-greek-casualty

DEXIA shares suspended Posted: Dexia shares suspended in Brussels at the request of regulators, Dexia to make a statement within the hour apparently

EUR/USD Attracts leveraged sellers Posted: Reports of leveraged sellers behind the latest euro run down

Fitch revises Japan’s outlook to negative Posted: somewhat expected…but lifts June Bunds to fresh day’s highs

Cable stops Posted: latest intel suggesting stops nearby at 1.6410

Euro, cable flows Posted: Hearing some small chinese names unloading a few euro- dollars and cable at current levels, which can be a pre cursor to bigger flows

Eurozone M3 Growth Slows To Three-Month Low In April Posted: April sa M3: +2.0% y/y M3 sa 3-mo avg: +2.1% y/y SA private loans: +2.6% y/y MNI survey median: April sa M3: +2.4% y/y M3 sa 3-mo avg: +2.3% y/y SA private loans: +2.6% y/y MNI survey range: April sa M3: +2.1% to +2.8% y/y M3 sa 3-mo avg: +2.2% to +2.4% y/y SA private [...]

Cable seller? Posted: Unconfirmed reports of an Asian central bank seen selling cable earlier around the 1.6460 area. Talk of some bids 1.6400/20 ahead of stops at 1.6390

MNI Survey: Japan Apr Jobless Rate Seen 4.7% Vs Mar 4.6% Posted: – See Separate Table For Details of Individual Forecasts TOKYO (MNI) – Japan’s seasonally adjusted unemployment rate is expected to be at 4.7% in April, up slightly from 4.6% in March, while the ratio of job offers to job seekers is projected to have fallen to 0.62 from 0.63 in March, according to the median [...]

MNI Survey: Japan Apr Industrial Output Seen +2.2% M/M Posted: – See Separate Table For Details of Individual Forecasts TOKYO (MNI) – Japanese industrial production appears to have rebounded by 2.2% in April from the previous month after plunging a record 15.5% in March, hit by the earthquake disaster, according to the median forecast of analysts surveyed by Market News International. The Ministry of Economy, [...]

Germany: Hesse May CPI -0.2% M/M; Brandenburg -0.1% M/M Posted: Hesse CPI May: -0.2% m/m, +2.0% y/y April: +0.3% m/m, +2.1% y/y — Brandenburg CPI May: -0.1% m/m, +1.9% y/y April: +0.2% m/m, +2.2% y/y — Pan-German CPI MNI median forecast: flat m/m, +2.3% y/y MNI forecast range: -0.3% to +0.2% m/m April: +0.2% m/m, +2.4% y/y — BERLIN (MNI) – Consumer prices in the [...]

German CPI’s fall Posted: – Brandenburg May CPI -0.1% m/m, +1.9% y/y; April +2.2% y/y – Hesse May CPI -0.2% m/m, +2.0% y/y; April +2.1% y/y

Germany Seeks Bids On E3 Bln New 12-Mon Bubills; Sale May 30 Posted: FRANKFURT (MNI) – The German federal government is seeking bids for a E3-billion sale of new 12-month bubills, the Bundesbank confirmed Friday. Bids are due by 0900 GMT on Monday, May 30. The announcement of the auction results will be made shortly thereafter. The bubills will settle on Wednesday, June 1 and mature on May [...]

Zzzzzzz Posted: Well this would just be my luck, a dour start with Asia having all the fun, still the weekend approaches and it’s a long one for us Brits, wonder what Gerry’s up to….

Funds buy Euro n ozz Posted: Talk out of Asia of some short term funds snapping up some euro dollar and aussie but seems plenty on topside, so don’t get excited, cos it’s not higher…. yet!

Correct: Japan Apr CPI Posts 1st Y/Y Rise in 28 Months Posted: – Correcting Rise Was 1st In 28 Months, Instead of 26 – Japan Apr Core CPI +0.6% Y/Y, 1st Rise in 28 Mo; Mar -0.1% – Japan Apr Core CPI MNI Survey Median Forecast: +0.6% Y/Y – Japan Apr CPI +0.6% Largest Y/Y Rise Since +1.0% In Nov 2008 – Japan CPI Y/Y Downward Pressure [...]

Bit of Yen flow.. Posted: Some fairly punchy euro-yen buying going on out there from Japanese retail types, which is keeping the tempo firm this morning in Europe

Germany: Saxony May CPI -0.1% M/M; Below Pan-German Forecast Posted: Saxony CPI May: -0.1% m/m, +2.3% y/y April: +0.4% m/m, +2.5% y/y — Pan-German CPI MNI median forecast: flat m/m, +2.3% y/y MNI forecast range: -0.3% to +0.2% m/m April: +0.2% m/m, +2.4% y/y — BERLIN (MNI)- Consumer prices in the eastern German state of Saxony dipped 0.1% in May, dampening the annual inflation rate [...]