Market Briefs • Fed’s Lockhart would not rule out a Sept reduction in asset purchases, decision to reduce bond buys whether Sept, Oct or Dec should be thought of as cautious first step • Fed’s Lockhart: Disconnect between steady payrolls growth & weak GDP growth contributes to lack of clarity in the data • US Retail sales mm, +0.2%, f/c 0.3%, 0.4%-prev • US Retail sales ex-autos mm, +0.5%, f/c 0.4%, 0.0%-prev • US Retail ex-autos/gas/bldg, +0.5%, f/c 0.3%, 0.1%-prev • US Retail ex gas/autos, +0.4%, -0.1%-prev • US NFIB business optimism idx, 94.1, 93.5-prev • US ICSC chain stores w/w, -0.8%, 0.3-prev • US ICSC chain stores y.y,+2.6%, 2.5-prev • US Import prices mm, +0.2%, f/c 0.6%, -0.2%-prev • US Export prices mm, -0.1%, f/c 0.2%, -0.1%-prev • US Redbook mm, +0.4%, 1.0%-prev • US Redbook y/y, +3.7%, 3.7%-prev • US Business inventories mm, 0.0%, f/c 0.2%, 0.1%-prev • Italian President Napolitano says Berlusconi sentence must be applied.
Posted on: Tue, 13 Aug 2013 22:46:13 +0000
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