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US Uni of Michigan data – worse

US Uni of Michigan (Jun) 74.1 vs 77.5 est (prev 79.3) Lowest level since december CFDS & Spread Betting with Accendo Markets

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More worse-than-expected US macro data

US May Industrial Production -0.1% vs 0.1% est (Apr 1.0%, R-) US May Capacity Utilisation 79.0% vs 79.2% est/Apr USMay  Manufacturing Production -0.4% vs -0.1% est (Apr 0.7%, R+) Cuold this see the US fed stimulate monetary policy more to boost economic growth? CFDs & Spread Betting with Accendo Markets

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UK trade deficits worsen sharply, back towards record highs

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Eurozone Consumer Inflation in-line; Labour costs lower

Eurozone CPI in-line at 2.4% YoY in May (core 1.6%), Q1 Labour costs much lower at 2.0% YoY, vs 2.4% est and 2.8% prev) CFDs & Spreadbetting with Accendo Markets

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US Business Inventories – Better

BETTER: US Business Inventories (Apr) +0.4% MoM vs +0.3% est (prev 0.3%) CFDs & Spread Betting with Accendo Markets

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US macro data

US May Produer Prices miss expectations US May Advanced Retail Sales in-line with consensus but figure excl-Autos misses CFDs & Spread Betting with Accendo Markets

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