Saturday, July 9, 2011

Key Global Economic Data Releases

US

􀂾 US economy grows at a 1.9% pace in first quarter of 2011.
􀂾 ISM Manufacturing for June rises to 55.3 from 53.5 last month
􀂾 Advance retail sales fall 0.2% in May compared with rise of 0.3% last month

Euro-zone

􀂾 Euro-zone trade swings to a deficit Euro of 4.1 bn Euros in Apr’11 from 1.6 bn Euros trade surplus in Mar’11 and a deficit of 700 mn Euros in Apr’10
􀂾 Inflation in 17-nation euro region remain at 2.7% for a second month
􀂾 German unemployment declines for a 24th straight month in June

Asia

􀂾 Japan's GDP falls at an annualized 3.5% rate in first quarter of 2011.
􀂾 China’s inflation accelerates to 5.5% in May’11 to 34-month-high
􀂾 Bank of Korea raises benchmark seven-day repurchase rate to 3.25% from 3%

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