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- UK May Services PMI Falls To 53.8; Momentum Fading
- AUD/USD: grinding slowly higher
- UK May services PMI 53.8
- Germany Calls For Bids For 6-Months Bubills Totalling E5 Bln
- Euro zone May final services PMI 56.0
- Time for a rumour……
- MNI Survey: Japan Q1 GDP To Be Revised Up To Annualized -3.1%
- French May (final) services PMI 62.5
- Italy May services PMI falls to 50.1
- You can never get enough Ordonez, that’s what I say….
- BIS buys EUR/USD
- Bank of Spain Ordonez: Monetary union possible without political union, but only if differenences between members are avoided
- Spain May services PMI 50.9
- Betta get your skates on…..
- I’m liking it……
- Moody’s downgrades the ratings of Greek banks and concludes review
- I really like it when I get conflicting reports……..
- EUR/USD touch easier as Europe settles in
- Irish May services PMI 50.5
- Challenge to Greek PM threatens move to solve debt crisis – Irish Times
| UK May Services PMI Falls To 53.8; Momentum Fading Posted: –UK May CIPS Services PMI 53.8 Vs 54.3 In April – Markit/Reuters LONDON (MNI) – The UK dominant services sector saw growth decelerate further in May, with Markit’s purchasing managers index dropping to 53.8 from 54.3 in April. The dip in the May CIPS services index follows the very sharp fall in April, with that [...]    |
| AUD/USD: grinding slowly higher Posted: Nothing to set the world alight but aussie making a gradual climb from earlier lows around 1.0650 where an Asian Sovereign name bought. Little on the order boards except bids towards 1.0600 with possible stops through 1.0585. Offers above at 1.0720 Aussie trades around 1.0662  |
| Posted: Down from 54.3 in April and below median forecast of 54.1. Cable at session low 1.6317. And by the way, didn’t that smart arse who sold above 1.6400 yesterday do well!!!  |
| Germany Calls For Bids For 6-Months Bubills Totalling E5 Bln Posted: FRANKFURT (MNI) – The German federal government is seeking bids for 6-months bubill and plans a total issue volume of E5 billion, the Bundesbank said Friday. Bids are due by 0900 GMT on Monday, June 6. The announcement of the auction results will be made shortly thereafter. The bubills will settle on Wednesday, June 8 [...]  |
| Euro zone May final services PMI 56.0 Posted: Revised up from flash 55.4. Composite revised up to 55.8 from flash 55.4.  |
| Posted: Never too early for a rumour, that’s what I say. Talk in market Troika report may be released at 10:00 GMT. Ooooh, I’m sooo excited, tingling all over in anticipation…….  |
| MNI Survey: Japan Q1 GDP To Be Revised Up To Annualized -3.1% Posted: TOKYO (MNI) – The size of the slump in Japanese growth in the first quarter is likely to be trimmed slightly to a real GDP rate of -0.8% (annualized -3.1%) in revised data from the -0.9% (annualized -3.7%) rate reported initially, reflecting an upward revision to private-sector inventories, according to the median forecast of 26 [...]  |
| French May (final) services PMI 62.5 Posted: Slightly lower than flash 62.8. UPDATE: Germany May final services PMI 56.1, up from flash 54.9.  |
| Italy May services PMI falls to 50.1 Posted: From 52.2 in April, below Reuters median forecast of 51.5. Lowest read since January. New orders fall to 48.7, down from 50.1 in April, lowest since July 2010.  |
| You can never get enough Ordonez, that’s what I say…. Posted: Crisis has shown EU governance model hasn’t assured consistency among economic policies Spain must make reforms with speed and intensity to show world determination to overcome crisis (such passion) Hope that country’s regions do not delay further steps to cut their deficits (naughty naughty, very very naughty) If labour reform goes far enough it will [...]  |
| Posted: In recent trade. Haven’t heard from our buddies in a while. EUR/USD sits at 1.4470.  |
| Posted: Deep. NYM light crude off three quarters of a buck, gold trading lower. Ummmmm, slight wiff of risk aversion in the air. EUR/USD down at 1.4468 in hectic trade zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz  |
| Posted: Up from 50.4 in April and better than Reuter’s median forecast of 49.8. Highest read in 10 months!!!  |
| Posted: If you want to enter our world famous non-farm payroll competition. Hit this link and give it your best shot.  |
| Posted: So far, so good. Dead as the proverbial dodo. Long may it continue Summertime and the livin is easy, fish are jumpin and the cotton is high……..  |
| Moody’s downgrades the ratings of Greek banks and concludes review Posted: Whatever….. Run along…….  |
| I really like it when I get conflicting reports…….. Posted: NOT!!! For those with an interest in USD/JPY here’s what I’m hearing………..c’mon come closer, gather round Well, on the one hand talk of very large sell stops gathered just below 80.50, and on the otherhand talk of not so large stops just below 80.50. Ho hum. Hopefully we won’t go that low on my shift, then [...]  |
| EUR/USD touch easier as Europe settles in Posted: Down at 1.4465 from around 1.4480 when I parked my bum. Talk Asian sovereign sold in recent trade. Stops seen through 1.4440 (think they’re fairly light) and 1.4420. Topside stops seen through 1.4520.  |
| Posted: From 50.2 in April. But new orders at four month low of 48.2.  |
| Challenge to Greek PM threatens move to solve debt crisis – Irish Times Posted: Oh well, so much for not mentioning Greece.  |
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