Intraday Market Thoughts
Euro powers on data flow vs stock
by
Jun 2, 2015 16:56
Without the help of special effects or Greece rumours, it was the perfect storm of inflation-positive German and Eurozone inflation and German unemployment, which lifted 10-yr German bund yields by 30% to 0.67% today. The yields breakout above the 2-week trendline implies a possible extension towards 0.77%. Full charts & analysis.
Click To Enlarge
Act | Exp | Prev | GMT |
---|---|---|---|
Eurozone Spanish Unemployment Change | |||
-118.0K | -115.4K | -118.9K | Jun 02 7:00 |
Germany Unemployment Change (MAY) | |||
-6K | -10K | -9K | Jun 02 7:55 |
Germany Unemployment Rate s.a. (MAY) | |||
6.4% | 6.4% | 6.4% | Jun 02 7:55 |
Eurozone Unemployment Rate (MAY) | |||
11.2% | 11.3% | Jun 03 9:00 |
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