Trade the News Market Internals Update

***Looking Ahead***

– (CO) Colombia Central bank Interest Rate decision: Expected to raise the Overnight Lending Rate by 25bps to 4.25%
– (PE) Peru Central Bank Quarterly Inflation Report
– 15:00 (AR) Argentina Q1 Current Account Balance: no est v -$194M prior; Quarterly GDP: no est v 9.2% prior
15:00 (AR) Argentina May Industrial Production M/M: No est v 0.5% prior; Y/Y: No est v 8.2% prior
– 17:00 (CO) Colombia Apr Industrial Production Y/Y: 4.2%e v 5.2% prior; Retail Sales Y/Y: 13.6%e v 14.6% prior

10:33 AM Market Internals update at 10:30ET

– NYSE volume 485M shares, about 140% above its three-month average; advancers lead decliners by 2.7:1.
– NASDAQ volume 635M shares, about 40% above its three-month average; advancers lead decliners by 1.6:1.
– VIX index -7.1% at just over 21.00

– Note: Today is triple witching

5:53 AM TradeTheNews.com European Market Update: Talk of a €150B new aid package for Greece soothes risk appetite in session

***Economic Data***

– (FI) Finland May PPI M/M: 0.4% v 0.2%e; Y/Y: 6.6% v 6.4%e
– (EU) Euro Zone May EU 25 New Car Registrations: +7.1% v -4.1% prior
– (RU) Russia Narrow Money Supply (RUB): 6.04T v 5.95T prior
– (FR) France Q1 Final Wages Q/Q: 1.0% v 1.0%e
– (SP) Spain Apr Industrial Orders Y/Y: 5.0% v 8.9% prior
– (HU) Hungary Apr Avg Gross Wages Y/Y: 5.9 % v 4.3%e
– (AS) Austria Apr Producer Price Index M/M: 0.6% v 0.7% prior; Y/Y: 5.1% v 5.4% prior
– (IT) Italy Apr Total Trade Balance: -€3.8B v -€3.9B prior; Trade Balance EU: -€686M v -€1.1B prior
– (EU) Euro Zone Apr Trade Balance seasonally Adj: -€2.9B v -€2.7B; Trade Balance: -€4.1B v -€1.9Be
– (EU) Euro Zone Apr Construction Output M/M: +0.7% v -0.1% prior; Y/Y: -2.0% v -4.9% prior
– (IT) Italy Apr Current Account: -€5.6B v -€5.5B prior

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