The Australian Retail Sales MoM for April came in at 0.1%, below the expected 0.2% and the previous -0.4%. Meanwhile, the Eurozone saw a decline in inflation expectations according to the ECB survey, with the 1-year CPI at 2.9% and the 3-year CPI at 2.4%.
US 7-YEAR HIGH YIELD ACTUAL 4.650% (FORECAST -, PREVIOUS 4.716%) $MACRO
US REDBOOK YOY ACTUAL 6.3% (FORECAST -, PREVIOUS 5.5%) $MACRO
🔴 ⚠️ BREAKING: GERMAN HICP YOY PRELIM ACTUAL 2.8% (FORECAST 2.7%, PREVIOUS 2.4%) $MACRO
GERMAN 15 YR BID-TO-COVER ACTUAL 1.9 (FORECAST -, PREVIOUS 1.6) $MACRO
GERMAN 15 YR BUND YIELD ACTUAL 2.8% (FORECAST -, PREVIOUS 2.54%) $MACRO
ITALIAN NON-EU FLASH TRADE BALANCE ACTUAL 4.91B (FORECAST -, PREVIOUS 5.60B) $MACRO
SAXONY CPI YOY ACTUAL 3.1% (FORECAST -, PREVIOUS 2.7%) $MACRO
ITALIAN MFG BUSINESS CONFIDENCE ACTUAL 88.4 (FORECAST 88, PREVIOUS 87.6) $MACRO
EUROZONE MONEY-M3 ANNUAL GROWTH ACTUAL 0.9% (FORECAST 1.3%, PREVIOUS 0.9%) $MACRO
ITALIAN CONSUMER CONFIDENCE ACTUAL 95.2 (FORECAST 96, PREVIOUS 95.2) $MACRO
SWISS ZEW EXPECTATIONS ACTUAL 18.2 (FORECAST -, PREVIOUS 17.6) $MACRO
JAPANESE CONSUMER CONFIDENCE ACTUAL 36.2 (FORECAST 39.2, PREVIOUS 38.3) $MACRO
SPANISH RETAIL SALES SA YOY ACTUAL 0.3% (FORECAST -, PREVIOUS 0.6%) $MACRO
FRENCH CONSUMER CONFIDENCE ACTUAL 90 (FORECAST 91, PREVIOUS 90) $MACRO
GERMAN GFK CONSUMER SENTIMENT ACTUAL -20.9 (FORECAST -22.5, PREVIOUS -24.2) $MACRO
German 10y yields jump to 2.64%, highest since Nov, following a somewhat hotter inflation report. German Harmonized CPI rose to 2.8% in May YoY from 2.4% in Apr, above the 2.7% median estimate in a BBG poll of economists. German national CPI rose to 2.4% from 2.2% as expected. https://t.co/lZgk3lmMtg
🔵 GERMAN INFLATION RISES TO 2.8% IN MAY Full Story → https://t.co/fegiknc5HA German inflation rose slightly more than expected to 2.8% in May, preliminary data from the federal statistics office showed on Wednesday. https://t.co/ifqifdYuUr
🇩🇪 Germany German HICP (YoY) (May) $EUR Actual: 2.8% 🟢 Expected: 2.7% Previous: 2.4%
*GERMAN 10-YEAR YIELD RISES 6BPS TO 2.65%, HIGHEST SINCE NOV. *GERMANY PRELIM MAY HARMONIZED CPI RISES 2.8% Y/Y; EST. +2.7%
*GERMAN 10-YEAR YIELD RISES 6BPS TO 2.65%, HIGHEST SINCE NOV.
German May Preliminary Hicp +2.8% Y/Y (vs F’cast of +2.7% Y/Y)- Statistics Office German May Preliminary Hicp +0.2% M/M (vs F’cast of +0.2% M/M)- Statistics Office
German May Preliminary CPI +2.4% Y/Y (vs F’cast of +2.4% Y/Y)- Statistics Office German May Preliminary CPI +0.1% M/M (vs F’cast of +0.2% M/M)- Statistics Office
*GERMANY PRELIM MAY HARMONIZED CPI RISES 2.8% Y/Y; EST. +2.7% *GERMANY PRELIM MAY CONSUMER PRICES RISE 2.4% Y/Y; EST. +2.4%
🇺🇸 United States Mortgage Market Index $USD Actual: 190.3 Previous: 201.9
🇮🇹 Italy Italian 6-Month BOT Auction $EUR Actual: 3.648% Previous: 3.737%
🇩🇪 #GERMANY'S HESSE MAY CONSUMER PRICES RISE 1.9% Y/Y - BBG *GERMANY'S SAXONY MAY CONSUMER PRICES RISE 3.1% Y/Y *GERMANY'S NRW MAY CPI RISES 2.5% Y/Y *GERMANY'S BAVARIA MAY CPI RISES 2.7% Y/Y *GERMANY'S BRANDENBURG MAY CPI RISES 2.9% Y/Y
ITALIAN CONSUMER CONFIDENCE INDEX MAY: 96.4 (EST 96.0; PREV 95.2)
🇦🇺 Monthly CPI Indicator (Apr) Actual: 3.60% Expected: 3.4% Previous: 3.50% https://t.co/CjK6VM9NKa
Japan 10-Year Bond Yield Rises to Highest Since 2011. Meanwhile the yen continues to crater. Japan's utterly incompetent central bank has managed to blow up both its bond market and currency at the same time
JAPAN'S 10-YEAR YIELD INCREASES TO 1.065%, HIGHEST LEVEL IN A DECADE
Heads Up:🇦🇺 Monthly CPI Indicator (Apr) due at 01:30 GMT (15min) Expected: 3.4% Previous: 3.5% https://t.co/CjK6VM9NKa
🇦🇺 Westpac Leading Index MoM (Apr) Actual: 0.0% Previous: -0.1% https://t.co/CjK6VM9NKa
Heads Up:🇦🇺 Westpac Leading Index MoM (Apr) due at 01:00 GMT (15min) Previous: -0.1% https://t.co/CjK6VM9NKa
Australian data: Westpac Leading Index for April -0.03% m/m (prior -0.05%) https://t.co/NW2gw2pxfZ
AUSTRALIAN WESTPAC LEADING INDEX (M/M) APR: -0.03% (PREV -0.05%)
YIELD ON 10-YR JGB RISES TO 1.055%, HIGHEST SINCE MARCH 2012
Australian Westpac Leading Index (M/M) Apr: -0.03% (prev -0.05%)
AUSTRALIA'S WESTPAC LEADING INDEX FALLS 0.03% MONTH ON MONTH IN APRIL
💡 ECB: Consumer Expectations of Future Inflation Lowest Since September 2021 - @EconoStream on https://t.co/orvmA6Wqwk Full Story → https://t.co/HaAR2z3fIp
US 6-MONTH BILL AUCTION BID-TO-COVER RATIO 3.06 HGIGH RATE 5.170% SELLS $75 BLN AWARDS 0.72% OF BIDS AT HIGH
US 3-MONTH BILL AUCTION HIGH RATE 5.255% BID-TO-COVER RATIO 2.87 US SELLS $75 BLN AWARDS 35.36% OF BIDS AT HIGH
US 6-MONTH BILL BID-TO-COVER ACTUAL 3.06 (FORECAST -, PREVIOUS 2.920) $MACRO
US 3-MONTH BILL BID-TO-COVER ACTUAL 2.870 (FORECAST -, PREVIOUS 2.890) $MACRO
March @FHFA House Price Index +0.1% month/month vs. +0.5% est. & +1.2% prior … aside from the decline this past January, weakest gain in more than a year https://t.co/BzAKdXLo7G
March S&P CoreLogic CS 20-City Home Price Index +7.38% year/year vs. +7.3% est. & +7.33% prior (rev up from +7.29%); National Home Price Index +6.49% year/year vs. +6.53% prior (rev up from +6.38%) https://t.co/PIukaCC5Tm
🇺🇸 United States S(and)P/CS HPI Composite - 20 n.s.a. (YoY) (Mar) $USD Actual: 7.4% 🟢 Expected: 7.3% Previous: 7.3%
🇺🇸 United States S(and)P/CS HPI Composite - 20 n.s.a. (MoM) (Mar) $USD Actual: 1.6% Previous: 0.9%
🇺🇸 United States S(and)P/CS HPI Composite - 20 s.a. (MoM) (Mar) $USD Actual: 0.3% Previous: 0.6%
🇺🇸 United States House Price Index (Mar) $USD Actual: 423.4 Previous: 423.0
🇺🇸 United States House Price Index (MoM) (Mar) $USD Actual: 0.1% 🔴 Expected: 0.5% Previous: 1.2%
🇺🇸 United States House Price Index (YoY) (Mar) $USD Actual: 6.7% Previous: 7.1%
U.S HOUSE PRICE INDEX (MOM) (MAR) ACTUAL: 0.1% VS 1.2% PREVIOUS; EST 0.5% U.S HOUSE PRICE INDEX (YOY) (MAR) ACTUAL: 6.7% VS 7.0% PREVIOUS U.S S&P/CS HPI COMPOSITE - 20 N.S.A. (MOM) (MAR) ACTUAL: 1.6% VS 0.9% PREVIOUS U.S S&P/CS HPI COMPOSITE - 20 N.S.A. (YOY) (MAR) ACTUAL:…
US HOUSE PRICE INDEX YOY ACTUAL 6.7% (FORECAST -, PREVIOUS 7.0%) $MACRO
US CASESHILLER 20 YOY ACTUAL 7.38% (FORECAST 7.3%, PREVIOUS 7.3%) $MACRO
US HOUSE PRICE INDEX MOM ACTUAL 0.1% (FORECAST 0.5%, PREVIOUS 1.2%) $MACRO
🇺🇸 House Price Index MoM (Mar) Actual: 0.1% Expected: 0.5% Previous: 1.2% https://t.co/NSPg9AhdVc
Heads Up:🇺🇸 House Price Index MoM (Mar) due at 13:00 GMT (15min) Expected: 0.5% Previous: 1.2% https://t.co/NSPg9AhdVc
CANADIAN PPI MOM ACTUAL 1.5% (FORECAST 0.85%, PREVIOUS 0.8%) $MACRO
CANADIAN RMPI MOM ACTUAL 5.5% (FORECAST 3%, PREVIOUS 4.7%) $MACRO
CANADIAN PPI YOY ACTUAL 1.4% (FORECAST -, PREVIOUS -0.5%) $MACRO
🇮🇹 Italy Italian 2-Year CTZ Auction $EUR Actual: 3.510% Previous: 3.420%
Breaking: The European Central Bank predicts a 2.9% increase in consumer price index over the next year, aligning with previous expectations of 3.0%. #ECB #CPI #economy
ITALIAN 2 YR BTP 3.2% AUCTION BID-TO-COVER 1.42 AVERAGE YIELD 3.51% SELLS €2.75 BLN
ITALIAN 2 YR BTP YIELD ACTUAL 3.51% (FORECAST -, PREVIOUS 3.42%) $MACRO
ITALIAN 2 YR BID-TO-COVER ACTUAL 1.42 (FORECAST -, PREVIOUS 1.44) $MACRO
Euro zone consumers lower inflation expectation, ECB survey shows https://t.co/TbIN7CXVPz https://t.co/CpPJogn8d6
🇪🇺 ECB April Survey of Consumer Expectations (CES): ➡️ Median expectations for inflation over the next 12 months edged down to 2.9%, median expectations for inflation 3 years ahead are down to 2.4% ➡️ Expectations for nominal income growth remained stable at 1.3%. Expectations… https://t.co/LtDqzL8C08 https://t.co/75uC6U0obc
ECB says consumer inflation expectations declined in April https://t.co/FAfSQQi06f https://t.co/0DljuBXVJk
🔵 EURO ZONE CONSUMERS LOWER INFLATION EXPECTATION, ECB SURVEY SHOWS Full Story → https://t.co/kbIAmudTEy Euro zone consumers lowered their inflation expectations last month, a fresh European Central Bank survey showed on Tuesday, just as the bank was making plans to start…
Eurozone inflation expectations lowest since September 2021 - ECB survey https://t.co/AxrvtkPV2u
🇪🇺 *EURO AREA APRIL 1-YEAR CPI EXPECTATIONS FALL TO 2.9%; EST. 2.9% - BBG *EURO AREA APRIL 3-YEAR CPI EXPECTATIONS FALL TO 2.4%; EST. 2.5% *Link: https://t.co/RgfKl1wNtu https://t.co/oMEifGUlef
ECB Survey: Inflation Expectations 3 Years Ahaed at 2.4% in April vs 2.5% in March ECB Survey: Consumers See Inflation 12 Months Ahead at 2.9% in April vs 3.0% in March ECB Survey: Growth Outlook Less Negative, Labour Mkt Seen Stable
⚠️ ECB SURVEY: **CONSUMERS SEE INFLATION 12 MONTHS AHEAD AT 2.9% IN APRIL VS 3.0% IN MARCH **INFLATION EXPECTATIONS 3 YEARS AHAED AT 2.4% IN APRIL VS 2.5% IN MARCH **GROWTH OUTLOOK LESS NEGATIVE, LABOUR MARKET SEEN STABLE
ECB 1 YEAR CPI EXPECTATIONS ACTUAL 2.9% (FORECAST 2.9%, PREVIOUS 3.0%) $MACRO
ECB 3 YEAR CPI EXPECTATIONS ACTUAL 2.4% (FORECAST 2.5%, PREVIOUS 2.5%) $MACRO
Eurozone ECB 1 Year CPI Expectations Apr: 2.9% (est 2.9%; prev 3.0%) - ECB 3 Year CPI Expectations Apr: 2.4% (est 2.5%; prev 2.5%)
Germany April wholesale price index +0.4% vs +0.2% m/m prior https://t.co/poR7Ap10vg
GERMAN WHOLESALE PRICE INDEX YOY ACTUAL -1.8% (FORECAST -, PREVIOUS -3%) $MACRO
GERMAN WHOLESALE PRICE INDEX MOM ACTUAL 0.4% (FORECAST -, PREVIOUS 0.2%) $MACRO
🇩🇪 Germany German WPI (MoM) (Apr) $EUR Actual: 0.4% 🟢 Expected: 0.1% Previous: 0.2%
AUSTRALIAN CPI YOY SA ACTUAL 3.80% (FORECAST -, PREVIOUS 3.70%) $MACRO
AUSTRALIAN CPI MOM ACTUAL 0.40% (FORECAST -, PREVIOUS 0.50%) $MACRO
Australian Retail Sales for April 2024 +0.1% m/m (expected +0.2%) https://t.co/jX1ac8j33k
🇦🇺 Retail Sales MoM Prel (Apr) Actual: 0.1% Expected: 0.2% Previous: -0.4% https://t.co/NSPg9AhdVc
🔴 ⚠️ BREAKING: AUSTRALIAN RETAIL SALES MOM FINAL ACTUAL 0.1% (FORECAST 0.2%, PREVIOUS -0.4%) $MACRO
🇦🇺 Australia Retail Sales (MoM) (Apr) $AUD Actual: 0.1% 🔴 Expected: 0.3% Previous: -0.4%
Heads Up:🇦🇺 Retail Sales MoM Prel (Apr) due at 01:30 GMT (15min) Expected: 0.2% Previous: -0.4% https://t.co/NSPg9AhdVc
JAPANESE SERVICE PPI ACTUAL 2.8% (FORECAST 2.3%, PREVIOUS 2.3%) $MACRO