Spain auctions full €2.5bn of 3 and 4 yr bonds offered Yields (interest rate) quite a bit higher than previous, as expected given the country’s financial sector woes Demand solid though and 2.4x to 4.5x. Note, however, that 10yr bonds yields are still at unsustainable yields (above 6%) CFD & Spread Betting with Accendo Markets
US Crude Oil Stocks up AGAIN (w/e 11 May) +2.1M barrels vs +1.75M est (prev 3.65M) That’s week number 8 of rises! CFDs & Spread Betting with Accendo Markets
This Friday, the most valuable company in history is set to go public with an estimated IPO of around $96 billion. In a Bloomberg Global Poll of 1,253 investors, analysts and traders, 79 percent said Facebook doesn’t deserve a valuation so high. What do you think? REPLY “FB” FOR MORE INFORMATION Option 1: Get more…
US Housing Starts (Apr) 717K vs 678K est (Mar 699K, R+ from 654K); 2.6% vs 4.7% est (Mar -2.6%, R+ from -5.8%) #ukd US Building Permits (Apr) 715K vs 730K est (Mar 769, R+ from 747K); -7.0% vs -4.5% est (Mar 8.7%, R+ from 4.5%) #usd US Housing Completions (Apr) 651K vs 592K in Mar…
UK Claimant Count (Apr) 4.9% vs 5.0% est (prev 4.9%) UK Jobless Claims Chg (Apr) -13.7K vs +5K est (prev 3.6K) UK ILO Unemployment (Mar) 8.2% vs 8.4% est (prev 8.3%) UK ILO Unemployment Chg (Mar) -45K vs -30K est (prev -35K) CFDs & Spread Betting with Accendo Markets
UK Visible Trade Balance (Mar) £-8.6B sv £-8.4B est (prev £-8.6B, Rev +) UK Trade Balance Non-EU (Mar) £-4.1B vs £-4.7B est (prev £-4.9B, Rev +) UK Total Trade balance (Mar) £-2.7B vs £-2.9B est (prev £-2.9B, Rev +) CFDs & Spread Bettnig with Accendo Markets