Trade the News Market Internals Update

***Looking Ahead***

– U.S.-China Strategic and Economic Dialogue
– 11:00 (US) Fed to purchase $6-8B in Notes/Bonds
– 11:15 (MX) Mexico Apr Vehicle Production: No est v 240.1K prior; Vehicle Domestic Sales: No est v 75.1K prior; Vehicle Exports: No est v 192.9K prior
– 11:30 (US) Treasury to sell 3-Month and 6-Month Bills
– 22:00 (CH) China Apr Trade Balance: +$3.2Be v $140M prior

10:31 AM Market Internals update at 10:30ET

– NYSE volume 160M shares, about 26% below its three-month average; advancers lead decliners by 1.1:1.
– NASDAQ volume 390M shares, about 17% below its three-month average; decliners lead advancers by 1.1:1.
– VIX index -2.5% at just over 17.00

– NOTE: NYSE volume may notably decrease going forward following a 1-10 reverse stock split in Citigroup (C). Before the reverse split, Citi was the most active stock on the NYSE, trading about 500M shares a day.

5:54 AM TradeTheNews.com European Market Update: Germany exports show healthy rise in March

***Economic Data***

– (FI) Finland Mar Preliminary Trade Balance: -€455M v -€13M prior
– (GE) Germany Mar Current Account: €19.5B v €13.3Be; Trade Balance: €18.9B v €11.8Be; Exports M/M: 7.3% v 1.1%e; Imports: 3.1% v 0.8%e
– (SA) South Africa Net Reserves: $46.0B v $45.2Be; Gross Reserves: $50.6B v $50.3Be
– (FR) Bank of France Apr Business Sentiment: 107 v 110e
– (UK) Apr Halifax House Price M/M: -1.4% v 0.1%e; 3M/Y: -3.7% v -3.0%e
– (CZ) Czech Mar Construction Output Y/Y: 4.6% v 5.6% prior; Industrial Output Y/Y: 9.5% v 12.0%e
– (CZ) Czech Apr Unemployment Rate: 8.6% v 8.7%e
– (DE) Denmark Mar Current Account (DKK): 7.5B v 6.0Be; Trade Balance Ex-Shipping: 7.1B v 5.0Be
– (TU) Turkey Mar Industrial Production WDA M/M: -0.3% v -1.7% prior; Y/Y: 10.6% v 14.0% prior; Industrial Production NSA Y/Y: 10.4% v 11.3%e
– (NO) Norway Mar Credit Indicator Growth Y/Y: 6.3% v 6.1%e
– (TT) Taiwan Apr Total Trade Balance: $3.0B v $1.8Be; Total Exports Y/Y: 24.6% v 18.0%e; Total Imports Y/Y: 25.7% v 24.0%e
– (EU) Euro Zone May Sentix Investor Confidence: 10.9 v 13.8e
– (IC) Iceland Apr Preliminary Trade Balance (ISK): 7.6B v 6.3B prior
– (GR) Greece Apr Consumer Price Index Y/Y: 3.9% v 4.5% prior

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