Pretty RED out there
- Hong Kong: Hang Seng closed up +0.71%
- China CSI 300 -0.09%
- Taiwan KOSPI -0.17%
- India Nifty 50 +0.27%
- Australia ASX -0.14%
- Japan Nikkei -0.22%
- All European bourses in negative territory so far this morning with the exception of UK 100 and Austria
- US indices in negative territory so far this morning in pre-market with the exception of Nasdaq USD -0.51%
Overnight Data/News
- China PBoC Sets Yuan Mid-Point At 6.9237 / Dollar VS Last Close 6.9323
- China PBoC Injects 95B Yuan Of 7 Day Reverse Repo At 2%; Injecting A Net 63B Yuan In Open Market Ops
- Australia CPI (Y/Y) Q1: 7.0% (est 6.9%; prev 7.8%) – CPI (Q/Q) Q1: 1.4% (est 1.3%; prev 1.9%) – CPI Trimmed Mean (Y/Y) Q1: 6.6% (est 6.7%; prev 6.9%) – CPI Trimmed Mean (Q/Q) Q1: 1.2% (est 1.4%; prev 1.7%)
- Australia CPI Weighted Mean (Y/Y) Q1: 5.8% (est 5.9%; prev 5.8%) – CPI Weighted Mean (Q/Q) Q1: 1.2% (est 1.3%; prev 1.6%)
- German Gfk Consumer Confidence May: -25.7 (est -28.0; prevR -29.3)
- Swedish Unemployment Rate Mar: 7.7% (prev 8.2%) – Swedish Unemployment Rate Trend Mar: 7.3% (prev 7.4%) – Swedish Unemployment Rate SA Mar: 7.2% (est 7.6%; prev 7.6%) – Swedish Trade Balance (SEK) Mar: 6.9B (prev 6.9B)
- Riksbank Raises Rates By 50Bps To 3.50%; As Expected
- Riksbank: Policy Rate Will Be Raised By 0.25 PPTS In June Or Sept
- Norwegian Unemployment Rate Trend Mar: 3.6% (prev 3.6%)
- French Consumer Confidence Apr: 83 (est 81; prevR 82)
- Spanish Total Mortgage Lending (Y/Y) Feb: -1.9% (prev 12.6%) – Spanish House Mortgage Approvals (Y/Y) Feb: -2.0% (prev 2.9%)
- Swiss Credit Suisse Survey Expectations Apr: -33.3 (prev -41.3)
- US MBA Mortgage Applications Apr 21: 3.7% (prev -8.8%) – US 30-Yr MBA Mortgage Rate Apr 21: 6.55% (prev 6.43%)
- ECB’s Vujcic: ECB Has ‘No Choice’ But To Raise Rates Further – Delo
- China, Russia Sign Memorandum Of Understanding On Maritime Law Enforcement Cooperation – Chinese State Media
- German Consumer Morale Picks Up On Income Expectations – GfK – RTRS
- Japan’s Nomura Q4 Profit Plunges 76% As Deal Activity Slumps – RTRS
- IEA Exec Director Birol: OPEC Needs To Be Very Careful About Pushing Up Oil Price – BBG TV – Global Economy Is Fragile, Doesn’t Need Higher Oil Price
US DATA TODAY
