Markets: Fixed Income

Tuesday, June 16, 2009

On Monday, global bonds extended their recent rebound, as investors booked profit on the three-month rally in the equity and commodity markets

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NY Fed deteriorates slightly in June

In June, the NY empire state manufacturing index dropped from -4.55 to -9.41, while the consensus was looking for only a marginal decline (-4.6)

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European stocks flat; Euro and Pound pick up

European stocks remain practically unchanged from their opening levels after three hours of trading on Tuesday, following Monday's sell off.
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German Jun ZEW Econ Expectations 44.8 Vs 31.1 In May

German economic expectations in June rose to 44.8 from 31.1 in May as experts predict a recovery will start by year-end, the Center for European Economic Research said Tuesday.

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Euro-Zone Inflation Stalls At Record Low In May

The euro zone's annual inflation rate dropped to a record low of zero in May, cementing expectations that consumer prices will decline in annual terms in the coming months due to the drop in fuel prices over the past year, final official data showed Tuesday

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Italy Final May CPI Confirms Lowest Rise Since '68

The rise in Italy's consumer price index slowed, as expected, in May to its smallest increase since 1968, pulled down by prices of goods and services, final data from statistics office Istat showed Tuesday.
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Latvia Budget Vote Begins At 0900 GMT; May Last Into Night

Facing the threat of national bankruptcy, Latvia's parliament will begin voting on its latest austerity package at 0900 GMT Tuesday, a spokesperson for the parliament said

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Austrian May CPI +0.3% On Month, +0.3% On Year

The Austrian consumer price index rose 0.3% on the month and 0.3% on the year in May, while the European Union-harmonized inflation rate was 0.1%, the statistics office said. In April, prices rose 0.2% on the month and were up 0.7% on the year, while in March they increased 0.3% on the month and by 0.8% on the year.

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